Indian hotel startup OYO is making a big move into Europe
New Delhi (CNN Business) India's biggest hotel company is buying a European rival in its bid to become the global market leader. OYO is paying €369.5 million ($415 million) for @Leisure Group, based in Amsterdam, according to sources familiar with the transaction. German media company Axel Springer said in a statement it would receive €180 million ($202 million) for its 51% stake. The deal is expected to close in June this year. The European vacation rental group operates more than 30,000 holiday homes in 13 countries, and another 85,000 properties across 50 countries under a subscription-based home management service. OYO…