VERIFIEDMint Companies·24 Sept 2026neutral

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

AI Summary

·InterGlobe is set to acquire a controlling stake in Azure Hospitality, the parent company of Mamagoto.
·The deal is valued between $15 million and $20 million.
·The transaction involves both a secondary share purchase and fresh capital infusion.