MakeMyTrip raising over $2.6 billion to buy back Chinese firm’s stake
- Posted on June 17, 2025
- By Financial Express
- 1 Views
MakeMyTrip raising over $2.6 billion to buy back Chinese firm’s stake
MakeMyTrip to raise over $2.6 billion via equity and convertible bonds to reduce Trip.com’s stake from 45% to below 20%. The move reflects growing efforts by Indian firms to cut Chinese ownership. Funds will repurchase Class B shares amid strong FY25 growth and post-Covid travel boom.
