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Ebix offers to take over Yatra at 84% premium or for $7/share

2019-03-12 1 Dailymotion

Robin Raina-promoted Ebix Inc, the US multinational that provides on-demand software and e-commerce services to a host of industries, Monday announced its interest in buying out the Nasdaq-listed domestic travel portal Yatra Online Inc for $7 per share--an 84 percent premium--on a debt-free basis.