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2026-08-19M&A

Yatra Online, Inc. [YTRA] - Magna Holdings Ltd. / Yatra Online, Inc. tender offer

Magna Holdings Ltd. is offering to purchase up to 20,000,000 shares of Yatra Online, Inc. in a third-party tender offer.

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Why this matters

Yatra Online, Inc. operates in the transportation services industry, primarily focusing on providing online travel services, including booking flights, hotels, and holiday packages. Magna Holdings Ltd., a private company based in the British Virgin Islands, has initiated a third-party tender offer to purchase up to 20,000,000 shares of Yatra Online, Inc. This offer is priced at $1.10 per share, payable in cash, and is part of a strategic move by Magna Holdings to acquire a significant stake in Yatra. The tender offer is detailed in the Offer to Purchase dated August 19, 2026, and is subject to the terms and conditions outlined in the document.