Motilal Oswal
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Motilal Oswal
Economy

Yatra to review take over proposal of Ebix

Updated : March 12, 2019 04:37 PM IST

US-based software firm Ebix Inc on Monday announced that it had offered to acquire Yatra Online Inc for $336 million (over Rs 2,345 crore).
Ebix Inc has sent a letter to the Board of Yatra Online, Inc outlining offer to acquire 100 percent of the outstanding stock of Yatra Online for $7 per share on a debt-free basis, the US based software firm had said in a statement. 
Yatra to review take over proposal of Ebix
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