Online travel firm MakeMyTrip will reportedly acquire rival ibibo in an equity deal that will create one of the leading travel groups in India. South Africa's Naspers and China's Tencent Holdings are selling ibibo Group to MakeMyTrip in exchange for an issuance of new shares by MakeMyTrip, the company reportedly said in a statement.
By Vikraman Maniraj | Oct 19, 2016 9:51 AM #MakeMyTripAcquiresIbibo
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