Cancelled! Yatra, Ebix merger deal terminated

Cancelled! Yatra, Ebix merger deal terminated

India’s online travel booking company, Yatra, said it is terminating its pending merger agreement with US software firm Ebix and filed litigation over Ebix’s breach of agreement terms. The Atlanta-based company had agreed to buy Yatra for an enterprise value of USD 337.8 million in 2019 in a move to strengthen its position in India’s […]

The post Cancelled! Yatra, Ebix merger deal terminated appeared first on Travel Daily.

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