17-September-2019
Corporate News
 
Synergy Group signs non-disclosure pact as first step in Jet Airways buyout bid
11-Sep-2019

South American conglomerate the Synergy Group has signed a Non-Disclosure Agreement (NDA) with the resolution professional of Jet Airways. This is the first formal step to acquire the Indian airline and is an indication that the company is a serious bidder for Jet’s assets. The Synergy Group is the first company to sign an NDA so far.

News Source:- https://www.thehindubusinessline.com/economy/logistics/synergy-group-signs-non-disclosure-pact-as-first-step-in-jet-airways-buyout-bid/article29389660.ece