{"id":637606,"date":"2024-03-05T09:47:02","date_gmt":"2024-03-05T04:17:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=637606"},"modified":"2024-03-05T10:49:07","modified_gmt":"2024-03-05T05:19:07","slug":"abu-dhabi-investment-authority-acquires-spicejet-shares-from-open-market","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/abu-dhabi-investment-authority-acquires-spicejet-shares-from-open-market\/","title":{"rendered":"&#8216;Abu Dhabi Investment Authority acquires SpiceJet shares from open market&#8217;"},"content":{"rendered":"<p>SpiceJet on Monday said Abu Dhabi&#8217;s sovereign wealth fund ADIA has acquired shares of the airline from the open market. <\/p>\n<p>However, the carrier did not disclose specific details. <\/p>\n<p>A source close to the airline said Abu Dhabi Investment Authority (ADIA) started buying shares in late February. <\/p>\n<p>The no-frills carrier is facing multiple headwinds and is in the process of raising funds. <\/p>\n<p>&#8220;ADIA has acquired shares of the airline from the open market,&#8221; a SpiceJet spokesperson said on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet on Monday said Abu Dhabi&#8217;s sovereign wealth fund ADIA has acquired shares of the airline from the open market. However, the carrier did not disclose specific details. A source close to the airline said Abu Dhabi Investment Authority (ADIA) started buying shares in late February. The no-frills carrier is facing multiple headwinds and is in the process of raising funds. &#8220;ADIA has acquired shares of the airline from the open market,&#8221; a SpiceJet spokesperson said on Monday.<\/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":[135,167,130],"tags":[],"class_list":["post-637606","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/637606","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=637606"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/637606\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=637606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=637606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=637606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}