Tag: PayU

Prosus Terminates The $4.7 Billion Acquisition Of Indian BillDesk!

Fintech Ben - October 4, 2022

The Dutch-South African Prosus has scrapped the $4.7 billion acquisition of BillDesk, which would have been one of the largest in India's financial technology sector, was "terminated," saying conditions of the deal had not been met. Indian antitrust regulator had approved the acquisition on Sept. 5, more than a year after it was announced, despite concerns that BillDesk and Prosus-owned PayU would lead to concentration on India's payments market.

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