Naresh Goyal ready to step down from Jet board - World News

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Monday, January 21, 2019

Naresh Goyal ready to step down from Jet board

“Goyal is not adamant about not stepping down. He is holding on till the right valuation is arrived at,” said a person in the know, indicating that the carrier’s boss is negotiating hard. In case of a management change of a company through a takeover, the new buyer has to make an open offer to the general public to buy an additional 25% shares.

from Times of India http://bit.ly/2T7LYwy

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