News > Expression of Interest sought in crisis-hit Go First's possible sale
Expression of Interest sought in crisis-hit Go First's possible sale
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10/07/2023 07:48 PM | Click to read full article
A resolution panel appointed to oversee the insolvency process of crisis-hit Go First has invited an Expression of Interest (EoI) for the possible sale of the carrier, according to a newspaper advertisement on Monday. An EOI is one of the initial transaction documents shared by the buyer with the seller in a potential M&A deal. A provisional list of prospective resolution applicants will be issued on August 19, the advertisement said.