• SENSEX
    NIFTY 50
Business

Tech Mahindra, AION Capital in race to buy InterGlobe Technologies for $400 million, says report

Updated : July 30, 2018 09:34 AM IST

Tech Mahindra and AION Capital, a joint venture between global buyout investor Apollo and ICICI Venture, are in the last leg of buying InterGlobe Technologies, The Times of India reported.
InterGlobe Technologies is the IT and back office arm of InterGlobe Enterprises, the travel conglomerate which runs IndiGo airlines.
The two bidders made separate offers 10 days back to acquire the company in a deal valued at around $400 million, sources told the paper.
Tech Mahindra, AION Capital in race to buy InterGlobe Technologies for $400 million, says report
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV