China's Ctrip.com to buy Skyscanner in $1.74 billion deal | Reuters

Chinese online travel company Ctrip.com International Ltd (CTRP.O) said on Wednesday it agreed to buy UK-based Skyscanner Holdings Ltd in a deal valuing the travel search website at about 1.4 billion pounds. ($1.74 billion)Skyscanner, which was reported to be exploring a sale or an initial public offering, serves 60 million monthly active users and is available in over 30 languages

Reuters November 24, 2016 05:30:07 IST
China's Ctrip.com to buy Skyscanner in $1.74 billion deal
| Reuters

Chinas Ctripcom to buy Skyscanner in 174 billion deal
 Reuters

Chinese online travel company Ctrip.com International Ltd (CTRP.O) said on Wednesday it agreed to buy UK-based Skyscanner Holdings Ltd in a deal valuing the travel search website at about 1.4 billion pounds. ($1.74 billion)Skyscanner, which was reported to be exploring a sale or an initial public offering, serves 60 million monthly active users and is available in over 30 languages.

($1 = 0.80 pounds)

(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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