{"id":351558,"date":"2020-05-16T10:55:12","date_gmt":"2020-05-16T05:25:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351558"},"modified":"2020-05-16T10:59:58","modified_gmt":"2020-05-16T05:29:58","slug":"interglobe-enterprises-confirms-interest-in-buying-out-virgin-australia","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/interglobe-enterprises-confirms-interest-in-buying-out-virgin-australia\/","title":{"rendered":"InterGlobe Enterprises confirms interest in buying out Virgin Australia"},"content":{"rendered":"<p>InterGlobe Enterprises, the parent company of India\u2019s largest airline IndiGo, confirmed its interest in buying out Virgin Australia on Friday in a dramatic reversal of its stand barely four days ago.<\/p>\n<p>\u201cAs regards Virgin Australia, InterGlobe Enterprises has signed an agreement to participate in the sale process and is bound by the confidentiality requirements of that agreement,\u201d the company said in a statement. \u201cWe are unable to say anything further at this stage,\u201d it added.<\/p>\n<p>On May 11, the company had informed stock exchanges in regulatory filings in response to media reports: \u201cWe deny the contents of these reports and would like to clarify that the company has not formulated any indicative proposal, nor does it have any interest in this matter.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>InterGlobe Enterprises, the parent company of India\u2019s largest airline IndiGo, confirmed its interest in buying out Virgin Australia on Friday in a dramatic reversal of its stand barely four days ago. \u201cAs regards Virgin Australia, InterGlobe Enterprises has signed an agreement to participate in the sale process and is bound by the confidentiality requirements of that agreement,\u201d the company said in a statement. \u201cWe are unable to say anything further at this stage,\u201d it added. On May 11, the company had informed stock exchanges in regulatory filings in response to media reports: \u201cWe deny the contents of these reports and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-351558","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351558"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351558\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}