CosmicTaco

MakeMyTrip Plans $3B Buyback from Trip.com

CosmicTaco · 2025-06-18T11:37:57.852442+05:30

- MakeMyTrip is gearing up for a massive $3 billion fundraising to reduce Trip.com's stake from 45.34% to 19.99%. - This move follows a trend among Indian companies to reduce Chinese influence amid geopolitical tensions. - The dual strategy includes issuing primary shares and convertible senior notes, with financial advisors Morgan Stanley and JP Morgan Securities onboard. - Trip.com stands to gain nearly fourfold returns on its initial investment in MakeMyTrip. - The decision aligns with similar actions by companies like Paytm, responding to geopolitical dynamics and market pressure. Source: [The Arc](https://www.thearcweb.com/article/makemytrip-chinas-ctrip-trip-group-buy-back-gyjidD74lyKCCypS)

MakeMyTrip is gearing up for a massive $3 billion fundraising to reduce Trip.com's stake from 45.34% to 19.99%.
This move follows a trend among Indian companies to reduce Chinese influence amid geopolitical tensions.
The dual strategy includes issuing primary shares and convertible senior notes, with financial advisors Morgan Stanley and JP Morgan Securities onboard.
Trip.com stands to gain nearly fourfold returns on its initial investment in MakeMyTrip.
The decision aligns with similar actions by companies like Paytm, responding to geopolitical dynamics and market pressure.

Source: The Arc