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EaseMyTrip on expansion spree; to acquire Guideline Travels, Tripshope Online & Dook Travels

By TBM Staff - Mumbai Tuesday, 1 August 2023, 9:23 AM 880

EaseMyTrip.com has received its board’s approval to acquire 51% of the aggregate paid-up share capital of each of the three prominent travel companies incorporated in India, to solidify its position as a major player in the travel and tourism industry. The consideration for the proposed acquisition will be paid by EaseMyTrip by way of issuance […]Continue Reading

Outbound Top Stories Trade News

Will help VFS Global further consolidate its position in the market: Tourism stakeholders

By Prasenjit Chakraborty Monday, 13 December 2021, 4:54 PM 1338

Global private equity major Blackstone has acquired VFS Global, the world’s largest visa processing service provider, from Swedish private equity (PE) firm EQT Infrastructure in a USD 1.1-billion deal, pinning hopes on global travel rebound. According to information available, Blackstone will hold a 75 per cent stake in the company; the balance will be held […]Continue Reading