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American Airlines partner, TPG, may invest up to USD1.1 billion in JAL

18-Nov-2009 11:59 AM

American Airlines' private equity group partner, TPG, may reportedly invest up to JPY100 billion (USD1.1 billion) in Japan Airlines through a private purchase of preferred or common stock, according to The Nikkei (18-Nov-2009). American Airlines has reportedly made a separate proposal, including a JPY30 billion (USD336 million) investment.