JSA provided legal counsel to InterGlobe Enterprises Private Limited, while IndusLaw advised Citigroup Global Markets India on its acquisition of shares in Indigo Airlines.
The transaction involved InterGlobe’s Rahul Bhatia divesting a 2% stake in Indigo Airlines for ₹3,367.30 crore, with Citigroup Inc. purchasing shares through an affiliate in open market transactions totaling ₹1,362 crore.
JSA team included Partners Madhurima Mukherjee Saha and Shivali Singh along with (Associate) Rishika Kharbanda.
IndusLaw advised Citigroup Global Markets India on this transaction. The transaction team consisted of Vishal Yaduvanshi (Partner), Priyadarshini Rao (Partner) and Abishek Sankar (Associate).
Allen & Overy Shearman also provided legal advice to Citi on this transaction.
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