Icelandic LCC WOW Air has disclosed that US private equity firm Indigo Partners is looking at an initial 49% investment, although this could be increased at a later date. Indigo Partners emerged as a potential investor in WOW Air in November 2018, after Icelandair’s plans to acquire its rival collapsed. At the time, an investment value of up to $75 million was announced, although no details were given about the percentage shareholding that Indigo was planning to take. In a Jan. 9 ...

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