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PayU said that certain conditions were not fulfilled by Sept. 30 due to which the acquisition was terminated automatically, , BillDesk acquistion, acquisition, payu, prosus ....
Investor Prosus NV said on Monday a $4.7 billion deal to buy 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 BillDesk's combination with Prosus-owned PayU would lead to concentration on India's payments market. ....
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