LONDON—Talks between Icelandic LCC WOW Air and prospective investors Indigo Partners have still not reached a conclusion, with a date towards the end of March now being given as the likely time for a deal agreement. Indigo Partners, the U.S.-based private equity firm, appeared in November 2018 as a potential investor in WOW Air, after an acquisition bid by fellow-Icelandic carrier Icelandair Group fell through. WOW Air had increasingly branched out into the long-haul, low-cost ...

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