Easy Trip Planners has entered into Share Purchase agreement and Investment cum Shareholders’ agreement with Pflege Home Health Care Center L.L.C (Pflege) to acquire 49.03% stake in the aggregate paid-up share capital of Pflege. The objective of the proposed acquisition/ investment is to further diversify and inorganically expand the existing business operation of the Company.
The company has also entered into Share Subscription agreement, and Shareholders’ agreement with Jeewani Hospitality (Jeewani) to acquire 50% stake in the aggregate paid-up share capital of Jeewani. Cost of acquisition is Rs 100 crore.
Furthermore, the company has entered into Share Purchase agreement and Shareholders’ agreement with Planet Education Australia Pty (Planet) to acquire 49% stake in the aggregate paid-up share capital of Planet.
Easy Trip Planners offers a range of travel products and services and end-to-end travel solutions including airline tickets, rail tickets, bus tickets, taxis, holiday packages, hotels, and other value-added services i.e. travel insurance, visa processing, etc.
