WestBridge invests $75m in India’s IndiGo
India-focused WestBridge Capital has invested INR5.5 billion ($75 million) in budget airline operator IndiGo.
The private equity firm acquired a 1.4% stake in BSE-listed parent company InterGlobe Aviation from Kotak Mahindra at INR1,028 per share. This represents a 34% premium versus March, when India was set...
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