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Jet, Sahara — Announcement on deal today

Our Bureau

Mumbai April 11

The much-awaited draft of the new Jet-Sahara deal, which was to have been submitted to the arbitrators on Wednesday, has been delayed by another day.

With lot of changes being made in the original share purchase agreement, it was not possible to re-word the entire draft even till late on Wednesday evening.

A Jet Airways official said the re-worded agreement would be submitted to the arbitrators by 10 a.m. on Thursday, after which a formal announcement could be made.

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