Motilal Oswal
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Motilal Oswal
Business

Chinese major Ctrip now owns 49% of MakeMyTrip with Naspers exit

Updated : April 26, 2019 09:48 PM IST

With this strategic move, the Chinese company will own 49 percent stake in MakeMyTrip and will get 4 percent of the total voting rights.
Following the transaction, Naspers will own 5.6 percent of Ctrip's outstanding ordinary shares.
Chinese major Ctrip now owns 49% of MakeMyTrip with Naspers exit
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