Citigroup Global acquires 1.52 pc stake in SpiceJet

Foreign fund house Citigroup Global Markets Mauritius has acquired a 1.52 per cent stake in the domestic air carrier SpiceJet through a market transaction of Rs 12.66 crore.

Foreign fund house Citigroup Global Markets Mauritius has acquired a 1.52 per cent stake in the domestic air carrier SpiceJet through a market transaction of Rs 12.66 crore.

HT Image

Citigroup Global Markets Mauritius Pvt Ltd acquired 36.8 lakh shares of SpiceJet at a price of Rs 34.41 a piece, as per the bulk deal data available with the Bombay Stock Exchange.

Shares of SpiceJet on Thursday closed at Rs 33.60, up 7.18 per cent from its previous close on the BSE.