.
MergerLinks Header Logo

New Deal


Announced

Interups to acquire a 49% stake in Trujet.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Private Equity

Single Bidder

Acquisition

Airlines

Majority

Private

Pending

India

domestic airlines

airlines

Cross Border

Friendly

Synopsis

Edit

Interups, a New York-based investor, agreed to acquire a 49% stake in Trujet. a domestic airline company. Financial terms were not disclosed. “The funds raised through 49% FDI in the company, will be utilised to expand its operations pan India and explore the newer opportunities in the civil aviation sector. We will finalise the exact final amount at a later stage," Palepu Lakshmi Prasad, Interups Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US