Jet’s lenders to get bids verified, open to joint bid
Mumbai: Grounded Jet Airways’ lenders plan to get all bids legally verified before beginning negotiations with interested parties.
According to informed sources, lenders have a limited number of options to recover their outstanding dues worth ₹8,400 crore. They might also try to stitch a deal involving two bidding parties.
“We will first get all (solicited and unsolicited) bids legally verified and after that we will invite the selected parties on to the negotiating table,” a senior banker said.
