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Investment firm General Atlantic on Sunday announced to acquire a minority stake in global travel distribution company TBO Tek Ltd for an undisclosed sum. For the deal, General Atlantic entered into an agreement with entities held by Affirma Capital. Subsequent to this transaction, Affirma Capital will continue to remain invested in TBO, the company said […]Continue Reading
Technology Top Stories Trade News
Tek Travels DMCC, a wholly owned subsidiary of TBO Tek Limited (TBO) has acquired 51% shareholding of BookaBed AG (BookaBed). Investment in BookaBed will enable TBO to scale up its business’s services and offerings. BookaBed AG, based in Switzerland, is also a B2B accommodation provider to the Irish and UK travel industries. BookaBed intends to […]Continue Reading
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