trending Market Intelligence /marketintelligence/en/news-insights/trending/eVwXKMksw9xJ3vio8xXsiQ2 content esgSubNav
In This List

Yatra Online reviewing Ebix's takeover bid

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Essential IR Insights Newsletter Fall - 2023


Yatra Online reviewing Ebix's takeover bid

Indian online travel agency Yatra Online Inc. has entered into a mutual confidentiality agreement with financial technology firm Ebix Inc.

The agreement allows the parties to begin due diligence and allows Yatra to further review and consider Ebix's proposal to acquire all of Yatra's outstanding stock for $7 per share on a debt-free basis.

Yatra's board is reviewing and considering Ebix's proposal. There is no assurance that a transaction will result from the process.

Ebix is a Georgia-based company that provides software and e-commerce services to the insurance, financial, healthcare and e-learning sectors.

Citigroup Global Markets Inc. is acting as financial adviser to Yatra and Goodwin Procter LLP is acting as legal counsel.