Ixigo to acquire majority stake in Spanish train booking platform Trenes for 11.70 mn euro
Ixigo to acquire majority stake in Spanish train booking platform Trenes for 11.70 mn euro is drawing significant interest across the industry.
NEW DELHI, Feb 14: Travel aggregator Ixigo’s board has approved the acquisition of a 60 per cent stake in Spain’s second-largest train booking platform Online Travel Solutions (Trenes), for 11.70 million euro (over Rs 125 crore). The proposed acquisition will help leverage Ixigo’s product, technology and AI leadership in the European OTA market as Trenes is engaged in the business of providing an online platform for train ticket bookings, primarily catering to the Spanish market, with operations extending to certain […]
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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