@Leisure: Oyo targets Europe with €369 mn @Leisure acquisition

MUMBAI: 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 @Leisure Group from German media firm Axel Springer SE, the companies said in a joint statement. The deal [...]