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Oyo puts off third IPO attempt after SoftBank takes issue

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Oyo Hotels has delayed its plans to attempt an India listing in October, Bloomberg reported on Friday.

The Ritesh Agarwal-led hotels aggregator was planning to launch an initial public offering later this year. However, early investor SoftBank has disagreed with the plan, asking the company to put off the public offer till its earnings are strong, the report said citing sources.

This is a developing story.

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