Asia/Pacific

PE firm VIG Partners acquires Eastar Jet

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PE firm VIG Partners acquires Eastar Jet

Private equity firm VIG Partners has acquired a 100% stake in South Korea’s low-cost carrier Eastar Jet with plans to infuse about $90 million funds into the airline. Going ahead VIG Partners is also planning to raise an additional $86 million through a rights offering towards January 2023 end to ...

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