Yatra Online confirms Magna Holdings tender offer for up to 20 million shares at $1.1 each
YTRA•Magna Holdings launches partial tender offer
Magna Holdings launched an unsolicited partial tender offer for up to 20 million Yatra Online ordinary shares, about 31% on an as-converted basis.
- Offer price set at USD 1.1 per share in cash, net of any applicable withholding taxes.
- Tender scheduled to expire at 12:00 midnight New York City time on Sept. 17, 2026, unless extended; subject to proration.
- Yatra’s board is evaluating the proposal with independent advisers.
