Byju Raveendran, the founder and CEO of Byju, is reportedly in the early stages of discussions with private equity (PE) firms, such as Bain Capital and KKR, about the potential sale of a controlling stake in Aakash Educational Services Ltd (AESL). This is a calculated move that could significantly alter the landscape of India's burgeoning edtech sector.
DGAP-Ad-hoc: Main Capital Funding Limited Partnership / Key word(s): Strategic Company Decision Main Capital Funding Limited Partnership: Preliminary discussions re the potential refinancing and subsequent
Investegate announcements from Main Capital Funding Limited P, Preliminary discussions re the potential refinancing and subsequent termination and redemption of all currently outstanding Capital Securities on 30 June 2022
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