Figuring Out • 1y
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?
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Medial • 1y
W move as it would be much more time and money consuming to cater the same market , also it would help them to raise their valuation in upcoming times iykyk
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 Mu
yep
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