Here's why Rakesh Gangwal invests $100 million in Southwest …
WEB3 days ago · Rakesh Gangwal’s Major Investment. Gangwal bought these shares between September 30 and October 1, priced at $29 to $30 per share, according to the Securities and Exchange Commission (SEC), reported in ET.By making this large purchase, Gangwal aligns himself closely with Southwest’s shareholders, giving him greater influence in shaping the airline’s future.
Rakesh Gangwal Buys Southwest Airlines Shares Worth $108 Million
WEB3 days ago · News. Rakesh Gangwal Buys Southwest Airlines Shares Worth $108 Million. An aviation industry veteran, Gangwal joined Southwest in July this year amid Elliott Investment Management, one of the airline's largest shareholders, seeking sweeping changes at the carrier.
Southwest Airlines (LUV) Stock Rises After Billionaire Gangwal’s …
WEB4 days ago · Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock ...
Rakesh Gangwal buys $108 million of shares in Southwest Airlines
WEB3 days ago · Southwest’s shares rose as much as 4.7% as of 2:40 p.m. in New York. The company appointed Gangwal to its board in July amid demands for sweeping leadership and strategy changes from activist ...
IndiGo block deal: Rakesh Gangwal likely exits, as xx percent …
WEBAug 29, 2024 · As much as 6 percent stake in IndiGo parent company, InterGlobe Aviation were sold in a block deal on August 29, with promoter and co-founder Rakesh Gangwal likely seeking a near complete exit.
SOUTHWEST AIRLINES ANNOUNCES APPOINTMENT OF RAKESH GANGWAL…
WEBDALLAS, July 8, 2024 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) ("Southwest") (the "Company") has appointed Rakesh Gangwal as a member of the Board, effective July 7. Gangwal has deep and extensive airline industry experience and is the co-founder of India's largest airline by fleet size and passengers carried ...
IndiGo’s Gangwal Sells $1.3 Billion Stake Near Record High
WEBAug 29, 2024 · The billionaire co-founder of IndiGo, Rakesh Gangwal, sold nearly $1.3 billion worth of shares in the airline’s operator InterGlobe Aviation Ltd. a day after they closed at a record high.
IndiGo co-founder's family likely to sell stake worth up to $909.6 ...
WEBBENGALURU, June 12 (Reuters) - The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline's parent InterGlobe Aviation Ltd (INGL.NS),...
IndiGo Co-Founder Gangwal Raises $820 Million in Block Sale
WEBMar 11, 2024 · A co-founder of India’s biggest airline IndiGo raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019. Rakesh Gangwal sold 22.5 million shares of InterGlobe Aviation Ltd., the owner of Indigo, at 3,015.10 rupees per share, according to the terms of the deal seen by Bloomberg News.
Southwest director buys 3.6 million shares, opposes more …
WEB4 days ago · NEW YORK (Reuters) - Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million...