PayU calls off $4.7 billion BillDesk acquisition deal

October 2, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Prosus Ventures and PayU, the payments giant it controls, called off the $4.7 billion merger of BillDesk they announced last year citing failure of fulfilment of “certain conditions precedent” in a surprising move weeks after they received approval from the local regulator to go ahead with the deal.

(More to follow…)

PayU calls off $4.7 billion BillDesk acquisition deal by Manish Singh originally published on TechCrunch

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

PayU calls off $4.7 billion BillDesk acquisition deal

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