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Thomas Cook’s arm completes acquisition of Brainhunter Systems

28 Oct 2014 Evaluate

IKYA Human Capital Solutions (IKYA), subsidiary of Thomas Cook (India) has completed the acquisition of 7,000,100 shares of common stock being 100% of the issued, subscribed and paid up share capital of Brainhunter Systems which has been transferred in favour of IKYA. Thus, Brainhunter Systems has become a wholly owned subsidiary of IKYA with effect from October 23, 2014 and correspondingly, of Thomas Cook (India).

Last month, IKYA had signed a definitive agreement to acquire Brainhunter (Zylog Systems), subject to statutory and regulatory approvals.

Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.

Peers
Company Name CMP
Thomas Cook (India) 105.40
IRCTC 464.70
TBO Tek 1715.00
Le Travenues Techno 163.20
Yatra Online 107.80
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