Wilbur L. "Ross Jr."
WL Ross exits SpiceJet at a premium
Leading US investor Wilbur Ross and his flagship investment group WL Ross & Co. have exited from the 30% stake held since 2008 in Indian budget airline SpiceJet. The exit price was $127 million, yielding a 58% profit after just two years.
Ross flies out of SpiceJet
Leading US investor Wilbur Ross has exited from the 30% stake his WL Ross & Co. investment group held in Indian budget airline SpiceJet for $127 million, yielding a substantial profit after just under two years in the asset.