Software firm Ebix offers to buy India’s ticketing firm Yatra Online

(Reuters) – Software firm Ebix Inc said on Monday it has offered to buy Indian travel services company Yatra Online Inc for $336 million in a cash-and-stock deal.

The offer price of $7 per share represents a premium of 84 percent to Yatra’s Friday close.

Yatra could not be immediately reached for comment.

Reporting by Supantha Mukherjee in Bengaluru; Editing by Arun Koyyur

Source link

more recommended stories

  • U.S. intellectual property complaints a ‘political tool’: China state media

    SHANGHAI (Reuters) – Chinese state media.

  • Exclusive: Google suspends some business with Huawei after Trump blacklist – source

    FILE PHOTO: Visitors walk past Huawei’s.

  • Huawei founder says growth 'may slow, but only slightly' after U.S. restrictions

    Huawei Technologies’ founder and chief executive.

  • Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers

    (Reuters) – The U.S. Commerce Department.

  • German finance minister expects OECD deal on digital tax in 2020

    Finance Minister Olaf Scholz addresses a.

  • Lyft is sued by investors over IPO

    FILE PHOTO: The Lyft logo is.

  • GMC trucks to deploy adaptive cruise control system

    The GMC logo is seen on.

  • Baidu swings to net loss for first time since listing, shares fall

    (Reuters) – Chinese search engine operator.

  • Huawei ban clouds U.S.-China trade talks, tech sector

    WASHINGTON/BEIJING (Reuters) – A U.S. bid.

  • Tesla to update battery software following car fires

    (Reuters) – Tesla Inc will update.

  • SpaceX to launch first satellites for Musk’s Starlink internet service

    CAPE CANAVERAL, Fla. (Reuters) – Elon.

  • FCC ready to let phone companies use tools to block robocalls

    WASHINGTON (Reuters) – U.S. Federal Communications.

  • Facebook restricts Live feature, citing New Zealand shooting

    SAN FRANCISCO (Reuters) – Facebook Inc.

  • FCC to take ‘fresh look’ at opening key 5.9 GHz spectrum band

    WASHINGTON (Reuters) – The U.S. Federal.

  • Huawei is not controlled by China, executive says

    FILE PHOTO: The Huawei logo is.

  • Ex-Autonomy CFO sentenced in U.S. to 5 years prison over Hewlett-Packard fraud

    (Reuters) – The former chief financial.

  • Exclusive: Amazon rolls out machines that pack orders and replace jobs

    SAN FRANCISCO (Reuters) – Amazon.com Inc.

  • U.S. presidential contender Kamala Harris favors look at breaking up Facebook

    WASHINGTON (Reuters) – Democratic presidential candidate.

  • Now you can explore a cave without actually going into a cave

    CHYNOVSKA JESKYNE, Czech Republic (Reuters) –.

  • U.S. says Huawei lawyer’s prior work at Justice Department poses conflicts

    (Reuters) – Huawei Technologies Co Ltd.

  • U.S. investor awarded $75 million in cryptocurrency crime case

    NEW YORK (Reuters) – U.S. entrepreneur.

  • Facebook rejects co-founder call for breakup, senator urges U.S. antitrust probe

    WASHINGTON (Reuters) – Facebook Inc quickly.

  • AT&T’s Mexico unit loses class action lawsuit to consumer watchdog

    FILE PHOTO: The AT&T logo is.

  • Uber set to debut on NYSE, hopes to avoid Lyft’s fate

    (Reuters) – Ride services giant Uber.

  • U.S. charges Chinese national in hacks of Anthem, other businesses

    WASHINGTON (Reuters) – A federal grand.

  • Facebook rejects co-founder’s call for breakup, senator urges U.S. antitrust probe

    WASHINGTON (Reuters) – Facebook Inc quickly.

  • Chinese tech firms’ search for growth seen boosting costs in March quarter

    BENGALURU (Reuters) – Three of China’s.

  • Intel shares sink as executives give three-year outlook

    FILE PHOTO: A sign outside the.

  • Tesla closes $2.7 billion mixed offering of shares, debt

    FILE PHOTO: A Tesla logo is.

  • Google debuts privacy controls, principles at I/O event

    MOUNTAIN VIEW, Calif. (Reuters) – Alphabet.

  • Apple teams up with SAP to help clients develop iPhone business apps

    FILE PHOTO: The logo of Apple.

  • Japan’s SoftBank set for small profit rise, Vision Fund IPO plans eyed

    TOKYO (Reuters) – Japan’s SoftBank Group.