Why Prosus backed out from a deal that would have made PayU a market leader

By Mint SnapView

  • 05 Oct 2022
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Credit: Thinkstock

By all accounts, Dutch payments major Prosus appears to have used a technicality to wriggle out of its agreement to buy payments major BillDesk through its Indian payments arm PayU, just hours before the deadline to complete the deal expired. When it was announced in August 2021, the $4.7 billion deal ......

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