Home Tech PayU calls off $4.7 billion BillDesk acquisition deal

PayU calls off $4.7 billion BillDesk acquisition deal

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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.

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