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OTAs Top Stories
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
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
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