Pawan Hans staff to bid for Government 51% stake

Pawan Hans staff to bid for Government 51% stake

11-Dec-2017 Source: HeliHub.com

The All India Civil Aviation Employees’ Union, made up of over 300 workers, is planning to purchase the government’s 51% stake of Pawan Hans. The stake is valued at Rs 500 crore, reports India Times. They are currently drawing up a proposal and should the plan go ahead, it will be known as a “historic transaction.”

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