GURUGRAM, India, NOIDA, India, ATLANTA and NEW YORK, Sept. 23, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (EBIX) and Yatra Online, Inc. (YTRA) today stated that they continue to work diligently towards consummating the merger announced on July 16, 2019 and continue to work together on preparing and filing a proxy statement and Form S-4 with the U.S. Securities and Exchange Commission (“SEC”) in relation with the merger. As previously announced on July 16, 2019, following the completion of the transaction, Yatra will become part of Ebix’s EbixCash travel portfolio alongside Via and Mercury and will continue to serve customers under the Yatra brand.
With the first-quarter round of 13F filings behind us, it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Yatra Online, Inc. (NASDAQ:YTRA). Hedge fund interest in Yatra Online, […]
GURUGRAM, India and NOIDA, India and ATLANTA and NEW YORK, July 17, 2019 (GLOBE NEWSWIRE) -- Ebix, Inc. (EBIX) and Yatra Online, Inc. (YTRA) today announced that they have entered into a definitive agreement under which Ebix will acquire Yatra via merger. In connection with the merger, each ordinary share of Yatra (“Yatra Ordinary Share”) will be entitled to receive 0.005 shares of a new class of preferred stock of Ebix (“Ebix Convertible Preferred Stock”).
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
GURUGRAM, India and NEW YORK, Oct. 3, 2019 /PRNewswire/ -- Yatra.com, one of India's leading online travel agency and India's travel planner, has been awarded the prestigious National Tourism Award for the year 2017-2018 under two categories – 'Best Domestic Tour Operator- Rest of India' and 'Best Inbound Tour Operator in India'. The Ministry of Tourism recognised Yatra's remarkable achievements in providing a complete hassle-free travel solution to travellers thereby creating newer standards with its extensive and innovative offerings across B2C and corporate segment.
Atlanta-based software firm Ebix said today it is acquiring Indian online travel booking company Yatra through a merger deal at an enterprise value of $337.8 million as it looks to strengthen its position in India's hotel and flight ticketing market. Once the acquisition has completed, Yatra will become part of Ebix's EbixCash (the company's Indian subsidiary) travel portfolio -- which also includes Via and Mumbai-based Mercury -- and will continue to serve customers under the Yatra brand, the two companies said. Ebix had invested north of $650 million in businesses in India, one of its key markets today, prior to the deal.
GURUGRAM, India and NEW YORK , July 19, 2019 /PRNewswire/ -- Yatra Online, Inc. ("Company") (NASDAQ: YTRA) (OTCQX: YTROF), India's leading corporate travel services provider and one of India's ...
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Yatra Online, Inc. (NASDAQ: YTRA ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on July 23, 2019 at 8:30 AM Eastern ...
OTCQX: YTROF) announced today that they will be hosting a joint conference call to further discuss EBIX’s acquisition of Yatra Online, Inc. on Friday, July 19, 2019 at 8:00 am EDT. With 50+ offices across 6 continents, Ebix, Inc., (EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries.