TBO Tek shares surge 12% after $125 million Classic Vacations acquisition

TBO Tek shares jumped 11.61% to Rs 1,541.30 on NSE after announcing the acquisition of US-based Classic Vacations for up to $125 million. This strategic move will boost TBO Tek’s global footprint in the luxury travel market, combining advanced technology with Classic Vacations’ established luxury travel network and five decades of industry experience.

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