Prosus cancels R85bn acquisition of India’s BillDesk

📆 3/10/2022 11:05:00
📰 Moneyweb

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 77%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Prosus NV has canceled a R85 billion deal to buy Indian payments firm BillDesk after conditions on the deal weren’t met. Moneyweb BusinessNews

Prosus NV has canceled a R85 billion deal to buy Indian payments firm BillDesk after conditions on the deal weren’t met.

The deal had received approval by the Competition Commission of India in September, though “certain conditions precedent” weren’t met by the deadline at the end of last month, Prosus said in a statement on Monday. Prosus’s PayU unit had reached the deal about a year ago, aiming to create a digital payments giant with a total volume of $147 billion and betting on a surge in the industry in India. It would’ve been the company’s biggest acquisition to date.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Prosus cancels R85bn acquisition of India’s BillDeskProsus NV has canceled a R85 billion deal to buy Indian payments firm BillDesk after conditions on the deal weren’t met. Moneyweb BusinessNews
Fuente: Moneyweb - 🏆 5. / 77 Leer más »