Jet-Etihad deal likely at Rs 760 per share: sources

A deal between India's Jet Airways and Abu Dhabi's Etihad Airways is in the final stages, sources told NDTV Profit on Tuesday. A deal may be announced as early as February, sources said. The Gulf carrier has reportedly valued Jet's equity at $1.25 billion, which means the deal may happen at Rs 760 per share, sources said. Etihad is likely to pick up a stake in Jet via a mix of equity & warrants. Jet has previously said it was...