July 17 - 13:07
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Ebix to buy travel booking platform Yatra for $337.8 million
The software firm Ebix is buying online travel booking company Yatra in a merger deal worth $337.8 million. In a joint statement, the companies said the deal would create the world’s leading end-to-end enterprise financial and insurance services provider. Under the terms of the agreement, Yatra will become part of Ebix’s EbixCash travel portfolio alongside Via and Mercury.
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