Deal● Neutral for IndiGo

InterGlobe set to take controlling stake in Mamagoto parent Azure Hospitality in $15-20 million deal

1 source · first seen 13:05 24 Sept · updated 13:05 24 Sept

The brief

Written from 1 report · check the source before you trade

Deal values Azure Hospitality at $15-20 million and combines a secondary share purchase with fresh capital

the session the news first traded, and since

Stock	Traded	That day	vs Nifty	Volume	Since
INDIGO	Thu, 24 Sept	−2.8%	−1.1%	0.9×	−1.8% · Nifty −1.3%

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