Oyo targets Europe with €369 million @Leisure acquisition

The deal will help Oyo deepen its presence in EU, bolster international expansion plans

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Oyo, India’s biggest hotel startup, has agreed to buy Amsterdam-based vacation rental company @Leisure Group for an estimated €369 million in its biggest-ever acquisition. SoftBank Group Corp. and Airbnb-backed Oyo (Oravel Stays Pvt. Ltd) will buy...

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