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Is Kingfisher trying to woo SpiceJet again?

Updated on Aug 10, 2008 10:54 pm IST

While SpiceJet is working out the 80 million dollar deal with US distress fund owner Wilbur Ross, market is abuzz with talks that Vijay Mallya owned Kingfisher has approached it to consider its offer for a buyout. Currently the legal teams at SpiceJet and Ross are finalizing the agreements that would need to be signed, for the deal between them to become operational. But the market is buzz that Spice-Ross deal has hit a road block.

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