{"id":583798,"date":"2023-06-12T10:58:46","date_gmt":"2023-06-12T05:28:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=583798"},"modified":"2023-06-12T12:24:10","modified_gmt":"2023-06-12T06:54:10","slug":"adanis-proposed-air-works-deal-has-long-passed-its-stop-date-says-crisil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adanis-proposed-air-works-deal-has-long-passed-its-stop-date-says-crisil\/","title":{"rendered":"Adani&#8217;s proposed Air Works deal has long passed its stop date, says Crisil"},"content":{"rendered":"<p>Adani Group&#8217;s proposed acquisition of Air Works has passed its long stop date and the two companies are not in discussions to extend deal timelines, ratings agency Crisil said in a recent note, potentially adding to the list of purchase plans that have been halted.<\/p>\n<p>ET reported on April 24 that Adani Group&#8217;s \u20b9400-crore acquisition of Air Works, an aircraft maintenance and repairs company, had been delayed.<\/p>\n<p>Adani Group and Air Works did not respond to ET&#8217;s queries.<\/p>\n<p>&#8220;Crisil Ratings is given to understand that there are no ongoing discussions between the concerned parties to extend the validity of the term sheet,&#8221; the ratings agency said in a June 7 note that ET has seen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Group&#8217;s proposed acquisition of Air Works has passed its long stop date and the two companies are not in discussions to extend deal timelines, ratings agency Crisil said in a recent note, potentially adding to the list of purchase plans that have been halted. ET reported on April 24 that Adani Group&#8217;s \u20b9400-crore acquisition of Air Works, an aircraft maintenance and repairs company, had been delayed. Adani Group and Air Works did not respond to ET&#8217;s queries. &#8220;Crisil Ratings is given to understand that there are no ongoing discussions between the concerned parties to extend the validity of the [&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":[192,130,136],"tags":[],"class_list":["post-583798","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583798","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=583798"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583798\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=583798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=583798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=583798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}