Monday, October 3, 2022

Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval

Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.

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