MakeMyTrip Limited (MMYT) trading halted with news pending
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MakeMyTrip Limited (MMYT) halted on LUDP
October 18, 2016 10:15 AM EDTMakeMyTrip Limited (NASDAQ: MMYT) halted on LUDP
... MoreMakeMyTrip Limited (MMYT) will resume trading at 10:15am ET
October 18, 2016 9:58 AM EDTMakeMyTrip Limited (NASDAQ: MMYT) will resume trading at 10:15am EDT.
... MoreMakeMyTrip Limited (MMYT), ibibo Group to Consolidate Indian Travel Businesses
October 18, 2016 9:46 AM EDTTwo leading travel groups in India, MakeMyTrip Limited (NASDAQ: MMYT) and ibibo Group (owned by global technology group Naspers Limited, have agreed to pursue a transaction that will combine the two businesses under MMYT, creating one of the leading travel groups in India that provides a one-stop shop for all Indian travellers and serves as a critical partner for travel industry suppliers.
The combination will bring together a bouquet of leading consumer travel brands, including MakeMyTrip, goibibo, redBus, Ryde and Rightstay, which together processed 34.1 mm transactions during FY2016.
The transaction... More