Monday, May 16

Tag: financial data

U.S Software Company Ebix Offers to Buy Yatra
Corporate, News

U.S Software Company Ebix Offers to Buy Yatra

Highlights U.S-based software firm proposed to buy Yatra Online for over 2,345 crore.Ebix claims to have reserved the right to reduce and decline the offer in case Yatra does not respond appropriately to their proposal.Financial statement of Yatra from 2015-2018. Ebix Inc, a U.S based software firm claimed that it has made a proposal to acquire Yatra Online Inc for over INR 2,345 crore. The company sent a letter to the Board of Yatra Online, stating Ebix intend to acquire 100% of the outstanding stock of Yatra Online for INR 486 per share. Yatra is an Indian online travel portal, it is a massive player in terms of online travel company. Apart from booking domestic and international air tickets, the company is also involved in hotel booking, rail and bus ticketing, holiday package...