Prosus Calls Off $4.7B Takeover of India’s BillDesk

Amsterdam-listed Prosus NV, the investment arm of South Africa's multinational Naspers, terminated the $4.7 billion acquisition of online payments gateway company BillDesk, based in Mumbai, India. In a note published on Prosus’ website, Eoin Ryan, head of investor relations, said, "Certain conditions precedent were not fulfilled by the September 30,...

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