WebSify
Follow us on
Mail
Print

MakeMyTrip announces acquisition of majority interest in Thailand's ITC Group

Source : REUTERS
Last Updated: Tue, Nov 27, 2012 05:01 hrs

MakeMyTrip Ltd :

- Announces acquisition of majority interest in ITC Group

-ITC Group comprises of International Tour Center Co. Ltd., ITC Bangkok co ltd. and ITC South Co. Ltd

-Paid $2.2 million to existing shareholders for sale of shares in ITC

group, paid $1 million for new shares in the group

-To buy remaining shares of ITC Group from existing shareholders in cash over earn-out period ending December 2016

blog comments powered by Disqus
most popular on facebook
talking point on sify finance