Deccan Aviation VP-Finance Anand Ramachardran said that the Kingfisher Airlines-Air Deccan merger likely will be completed in April following a sale of shares that will raise $300 million to finance immediate expansion needs (ATW, February 2008). "At the present moment, we are in talks to appoint a suitable merchant banker for the share sale by the end of this month," he said this week at a financial conference in Mumbai. He added that Deccan has filed an initial application with regulators ...

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