M&A
EaseMyTrip acquires majority stake in 3 travel cos for Rs.90-Cr
Publicly listed EaseMyTrip.com is to acquire 51% stake each in three travel companies - Guideline Travels Holidays India Pvt Ltd, Mumbai; TripShope Travel Technologies Pvt Ltd, Jammu & Kashmir and Dook Travels Pvt Ltd, New Delhi - via share swap for an aggregate value of INR 90 crore. The acquisition will be made by way of issuance of EaseMyTrip's equity shares to the selling shareholders of the three companies on a preferential basis.
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