Yatra Enters Agreement To Acquire 100% Of Globe All India Services Limited For $15.25M In Cash
Portfolio Pulse from Benzinga Newsdesk
Yatra has entered into an agreement to acquire 100% of Globe All India Services Limited for $15.25 million in cash. This acquisition could potentially expand Yatra's market presence and service offerings.
September 03, 2024 | 11:37 am
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Yatra's acquisition of Globe All India Services Limited for $15.25 million in cash is a strategic move to expand its market presence and service offerings.
The acquisition of Globe All India Services Limited by Yatra is a significant strategic move that could enhance Yatra's market position and service capabilities. This is likely to be viewed positively by investors, potentially leading to a short-term increase in YTRA's stock price.
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