Ebix and yatra merger analysis
WebJun 6, 2024 · Ebix had agreed to buy Yatra in 2024 for an enterprise value of $337.8 million, aiming to beef up its portfolio of Indian travel companies, including Mumbai … WebGURUGRAM, India and NOIDA, India and ATLANTA and NEW YORK, July 17, 2024-- Ebix, Inc. and Yatra Online, Inc. today announced that they have entered into a …
Ebix and yatra merger analysis
Did you know?
WebEBIX -YATRA Merger Consideration FAQ What was announced between Yatra and EBIX? On July 17, 2024, Ebix, Inc. (NASDAQ: EBIX) and Yatra Online, Inc. (NASDAQ: YTRA) announced ... “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections therein, and in its subsequent Quarterly Reports on Form 10-Q … WebJun 10, 2024 · Yatra sued Ebix over alleged violation of merger terms in a US court and the latter was considering various options, including the filing of a countersuit. “Our liquidity position as of June 4 ...
WebIn March 2024, Ebix (NASDAQ: EBIX, NC) made an offer to acquire Yatra, and the companies agreed to the deal on July 17, 2024 for an EV of $337.8 million and a stock price of about $4.90 per share. On June 5, 2024, Yatra terminated the merger agreement and filed a lawsuit against Ebix, alleging breaches of the agreement. The end of WebJun 9, 2024 · June 09, 2024 / 02:56 PM IST. Ebix has hit back after Yatra Online decided to terminate the $337 million merger agreement between both parties in a sudden move …
WebJul 23, 2024 · The acquisition of Yatra Online by Ebix for $239 million in an all stock deal. Under the terms of the agreement, each ordinary share of Yatra will be entitled to … WebJul 23, 2024 · The acquisition of Yatra Online by Ebix for $239 million in an all stock deal. Under the terms of the agreement, each ordinary share of Yatra will be entitled to receive 0.005 shares of a new ...
WebJun 9, 2024 · Ebix had made a bid to acquire Yatra a year ago and expected the merger to generate an annual revenue of $150 million with a 30% operating margin within six …
WebJun 26, 2024 · If the deal had gone through, the online travel agency would have had an enterprise valuation of $338 million, according to the merger agreement drafted on July 16, 2024. “Ebix’s conduct breached material terms of the agreements and frustrated Yatra’s ability to close the transaction and obtain the benefit of Yatra's bargain for Yatra's … cpms15mf-50WebJun 5, 2024 · GURUGRAM, India and NEW YORK, June 5, 2024 /PRNewswire/ -- Yatra Online, Inc. , India's leading online travel company, today announced that it has provided notice of termination of its pending... April 12, 2024 disposable toothpaste dispensing toothbrushWebJun 8, 2024 · The Merger Agreement contained certain termination rights for Ebix and Yatra, including, among others, the right of either party to terminate the Merger Agreement if the Merger has not been ... cpm s110v folding knifeWebAug 7, 2024 · M & A Critique. 2024-08-07. Add comment. 8 min read. US software firm Ebix has acquired Nasdaq-listed Yatra Online Inc to boost … cpms accessWebJun 5, 2024 · 2 Min Read. (Reuters) - India's Yatra Online Inc said on Friday it was terminating a pending merger agreement with U.S. software firm Ebix Inc EBIX.O, and … cpm s110v auto knives for saleWebSep 10, 2024 · Due to its failed merger with Ebix, Yatra.com has paid $2.2 million in legal fees. The company saw an adjusted EBITDA loss of $4.1 million for the April-June quarter. disposable towel drapesWebJun 5, 2024 · 2 Min Read. (Reuters) - India's Yatra Online Inc said on Friday it was terminating a pending merger agreement with U.S. software firm Ebix Inc EBIX.O, and had filed a litigation seeking ... cpm s125v folding knife