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

Yatra Online reviewing Ebix's takeover bid

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model


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.