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Tag: stake sale

Aviation
IndiGo owners looking to sell stake worth INR 75,000 crore

IndiGo owners looking to sell stake worth INR 75,000 crore

Rakesh Gangwal’s family, the Co-Founder of IndiGo, is planning to sell a stake between 5-8 per cent worth around INR 7,500 crore in the Indian airline’s parent company InterGlobe Aviation Ltd. According to exchange data,

Aviation
Singapore Airlines to secure stake in Air India as part of deal with Tata Sons

Singapore Airlines to secure stake in Air India as part of deal with Tata Sons

Singapore Airlines Ltd (SIA) today said it would emerge as a 25.1% owner of Air India, as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons, into India's

Aviation
Germany sells full stake in Lufthansa for USD 760 mn

Germany sells full stake in Lufthansa for USD 760 mn

Germany raised 760 million euros (USD 760 million) from the sale of the state’s full stake in Deutsche Lufthansa AG, unwinding all of the holding it took to keep the flagship carrier afloat during covid-19

Aviation
SpiceJet in talks with investors for stake sale

SpiceJet in talks with investors for stake sale

According to its senior executive, SpiceJet is believed to be in talks with potential investors for a likely stake sale, reports Jagriti Chandra for The Hindu. “There are discussions going on because we need to

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