British specialist travel company Holidaybreak is in discussions with Mumbai-based tour operator Cox & Kings for a possible offer.
Holidaybreak said the discussions may or may not lead to a cash offer. The news sent its shares up more than 12% on Tuesday.
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Cox & Kings confirmed that it was in acquisition talks with Holidaybreak, but had not finalised an offer. Its shares closed down 0.9% at Rs 197.85 on BSE.
Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator
Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator
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