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We are interested in SpiceJet: Wilbur Ross

Published on Tue, Jul 08 at 18:30 , Updated at Wed, Jul 09 at 11:27
Source : CNBC-TV18

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By Swati Khandelwal/CNBC-TV18

 

American billionaire Wilbur Ross said he is interested in SpiceJet. “We have held talks with the company.”

 

Earlier, CNBC-TV18 reported that SpiceJet promoters had rejected Kinfisher’s offer. The low-cost airline is looking to raise USD 100 million and will issue fresh equity to WL Ross.

 

WL Ross is known for leveraged buyouts and restructuring ailing companies.

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