Read
Listen
Watch
Play
Find
Mail
  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Ads by Google
Moneycontrol.com >> Message Board >> View Messages >> UB Holdings
   You are here :     Moneycontrol     MMB    Stocks      UB Holdings                         Most active discussions of 2006 , 2007 & 2008
To control SpiceJet (1)   06-Jul-08 03:45Tracked by (0)  
Posted by:   rvk41 on ( 06-Jul-08 03:45 )
Price : BSE: Rs 239.50 ( 2.00 % ), NSE: Rs. 236.80 ( 0.47 % )
Kingfisher Airline is in negotiations with two majority shareholders of SpiceJet to buy the low-cost airline in all cash deals reports Economic Times.

Kingfisher boss Vijay Mallya is negotiating with Gulf based fund Istithmar and UK based Kansagra family. Together they hold 26.3% in SpiceJet; acquisition of more than 20% would lead to an open offer as per SEBI rules.

If Kingfisher acquires the airliner it will hold more than 40% market share in SpiceJet and be able to control the pricing on key routes. SpiceJet is looking to raise USD 100 million from the markets
For information,with regards
rvk41
Track Post |  Reply to this post | Track Boarder | Click if Offensive | Rate message

Feedback

Boarders Outlook on UB Holdings

 negative outlook

More from the Trading Sector

Boarders tracking UB Holdings

yuga_mega  |   7 wonders stock  |   jaivijay  |   gmaratha  |   Mr_investor  |   sethu25  |   harimon  |   kabra_rahul11  |   mayank dave  |   mahadevchougule  |   sam12ach  |   kingfisher007  |   avinashreddy  |   soundar1976  |   iru
 see more

News Updates on UB Holdings

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT