Indian hospitality group OYO has bought a self-catering home rentals business in continental Europe, possibly as a nod to its recent investor, AirBnB. OYO has acquired @Leisure Group (and the "@" is part of its name) from Axel Springer for about $415 million (£326 million).

Alex Springer is also one of German's biggest news media publishers, the company behind the tabloid popular newspaper Bild Zeitung and the broadsheet daily Die Welt.  

I can vouch for the quality of one of the acquired brands, Danland, having stayed with my family to the brilliant Danland family village in Karrebæksminde in Denmark.