Articles tagged “ebix”

Why Yatra’s Broken Deal Won’t Help Corporate Travel’s Mergers-and-Acquisitions Prospects

Why Yatra’s Broken Deal Won’t Help Corporate Travel’s Mergers-and-Acquisitions Prospects

Matthew Parsons, Skift

As well as the devastating short-term effects, we're now starting to see how coronavirus can equally have longer lasting impacts on the corporate travel sector.

2 months ago

Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart

Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart

Ayanti Bera, Reuters

The crisis has caused several deals in the travel sector to come undone, such as an American Express GBT deal, Wex's bid to buy Enett, and Sabre's bid to buy Farelogix. But ever since software firm Ebix offered to buy corporate travel firm Yatra in July 2019, the two companies have been squabbling. So this news isn't surprising.

2 months ago

EbixCash Takes Over Cox & Kings’ Business Travel Clients in India

EbixCash Takes Over Cox & Kings’ Business Travel Clients in India

Isaac Carey, Skift

Some travel companies — Ebix among others — are rumored to be considering taking over all of the cash-strapped Cox & Kings.

10 months ago

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Sean O'Neill, Skift

Corporate travel and event planning seem to be the only profitable paths in India's online travel scene, at least for now.

1 year ago

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Sean O'Neill, Skift

Ebix has made a generous takeover bid for Yatra, a corporate travel services provider and online travel agency, to create one of India’s largest end-to-end travel services businesses. Ebix's shrewd CEO Robin Raina is cornering the rare travel segments in India that aren't facing fierce price wars, namely, corporate travel services and currency exchange.

1 year ago