IndiGo co-founder’s family likely to sell stake upto $909.58 mln – report

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An IndiGo Airlines Airbus A320 aircraft is pictured parked at a gate at Mumbai’s Chhatrapathi Shivaji International Airport February 3, 2013. Picture taken February 3, 2013. REUTERS/Vivek Prakash

BENGALURU, June 12 (Reuters) – The family of IndiGo’s co-founder, Rakesh Gangwal, was likely to sell between 5%-8% stake in the Indian airline’s parent InterGlobe Aviation Ltd (INGL.NS), worth upto 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources.

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