{"id":939571,"date":"2025-06-19T07:27:44","date_gmt":"2025-06-19T01:57:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=939571"},"modified":"2025-06-19T08:06:52","modified_gmt":"2025-06-19T02:36:52","slug":"makemytrip-raising-over-2-6-billion-to-buy-back-chinese-firms-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/19\/makemytrip-raising-over-2-6-billion-to-buy-back-chinese-firms-stake\/","title":{"rendered":"MakeMyTrip raising over $2.6 billion to buy back Chinese firm\u2019s stake"},"content":{"rendered":"<p>US-listed Indian travel firm MakeMyTrip is raising over $2.6 billion through a concurrent sale of equity shares and convertible bonds, as it looks to buy back a portion of the stake held by China\u2019s Trip.com Group. <\/p>\n<p>According to the company\u2019s filings with Nasdaq, MakeMyTrip plans to launch a primary offering of 14 million equity shares along with convertible bonds worth up to $1.25 billion. The final price of the equity shares is yet to be determined.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-listed Indian travel firm MakeMyTrip is raising over $2.6 billion through a concurrent sale of equity shares and convertible bonds, as it looks to buy back a portion of the stake held by China\u2019s Trip.com Group. According to the company\u2019s filings with Nasdaq, MakeMyTrip plans to launch a primary offering of 14 million equity shares along with convertible bonds worth up to $1.25 billion. The final price of the equity shares is yet to be determined.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-939571","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=939571"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/939571\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=939571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=939571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=939571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}