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Microsoft looks to tap into India’s Oyo before its potential IPO- source

kelo.com
 2021-07-29

Cover picture for the article(Reuters) -Microsoft Corp is in advanced talks to invest in Indian hotel chain Oyo at a $9 billion valuation, a source familiar with the matter said on Thursday. The deal could be announced in the coming weeks and would be a prelude to Oyo’s initial public offering (IPO) that is expected by the end of the year, the source said.

kelo.com

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