Carlyle Aviation now holds a 7.5% stake in SpiceJet after converting $100 million of outstanding dues into equity. Carlyle also acquired compulsorily convertible debentures in SpiceXpress, the airline’s cargo arm. SpiceJet will de-merge its cargo business to subsidiary SpiceXpress & Logistics ...
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CRMC STAKES IN AIR FRANCE-KLM FALLS BELOW REGULATORY LIMIT
By
Dino D'Amore
19th November 2010