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. (More to follow…)
PayU calls off $4.7 billion BillDesk acquisition deal by Manish Singh originally published on TechCrunch...