Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

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Private equity firm Blackstone and the Chaudhry family, the two minority shareholders in Aakash Educational Services Ltd (AESL), have declined to swap their equity holding in the test preparation subsidiary unit with parent Think & Learn Pvt. Ltd (Byju’s), leading to a rift with Byju Raveendran and a potential impasse ......