{"id":287199,"date":"2019-08-13T07:03:27","date_gmt":"2019-08-13T07:03:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287199"},"modified":"2019-08-13T07:03:27","modified_gmt":"2019-08-13T07:03:27","slug":"jet-airways-bid-anil-agarwals-volcan-investments-withdraws-eoi","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-bid-anil-agarwals-volcan-investments-withdraws-eoi\/","title":{"rendered":"Jet Airways bid: Anil Agarwal&#8217;s Volcan Investments withdraws EoI"},"content":{"rendered":"<p>After Etihad declined to bail out Jet Airways on Monday, Anil Agarwal-led Volcan Investments has decided to withdraw its Expression of Interest (EoI).<\/p>\n<p>On Saturday, Volcan Investments had submitted their EoI for a stake in the airline.<\/p>\n<p>In a statement by the Agarwal&#8217;s family trust-led Volcan, the company said, &#8220;The EoI for Jet Airways by Volcan was exploratory in nature. On further evaluation and considering other priorities, we intend to not pursue this further.&#8221;<\/p>\n<p>Why did Etihad step back? <\/p>\n<p>In response to BusinessLine&#8217;s query, Etihad on Monday said that they have declined to lodge an expression of interest to reinvest in Jet Airways because of unresolved issues concerning Jet\u2019s liabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Etihad declined to bail out Jet Airways on Monday, Anil Agarwal-led Volcan Investments has decided to withdraw its Expression of Interest (EoI). On Saturday, Volcan Investments had submitted their EoI for a stake in the airline. In a statement by the Agarwal&#8217;s family trust-led Volcan, the company said, &#8220;The EoI for Jet Airways by Volcan was exploratory in nature. On further evaluation and considering other priorities, we intend to not pursue this further.&#8221; Why did Etihad step back? In response to BusinessLine&#8217;s query, Etihad on Monday said that they have declined to lodge an expression of interest to reinvest [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-287199","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287199"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287199\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}