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TBO Tek, through its step-down subsidiary TBO LLC, is acquiring Classic Vacations, while the parent has approved a loan of up to INR 350 Cr to Tek Travels DMCC to support the funding of the deal
TBO Tek has been on an expansion spree for some time now, setting up subsidiaries in countries like Poland, Canary Island, Indonesia, Greece, Australia, among others
Post the acquisition, Classic Vacations will continue to operate as an independent brand while leveraging TBO’s technology…
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TBO Tek, through its step-down subsidiary TBO LLC, is acquiring Classic Vacations, while the parent has approved a loan of up to INR 350 Cr to Tek Travels DMCC to support the funding of the deal
TBO Tek has been on an expansion spree for some time now, setting up subsidiaries in countries like Poland, Canary Island, Indonesia, Greece, Australia, among others
Post the acquisition, Classic Vacations will continue to operate as an independent brand while leveraging TBO’s technology…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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