OYO Spent $525 Million to acquire a Hotel Chain called G6 Hospitality. G6 has an network of over 1500 hotels in US and Canada and generates an revenue of about $1.7 Billion.
What do you think about this move?
fr! Purchasing a $1.5 B revenue company for $500 Million is a crazy cheap deal.
If I'm not wrong, the $1.5 Billion revenue would be counted in OYO's consolidated revenue and that would increase it's Valuation by atleast $3 Billion (2 time Revenue Multiple)
