Category: Market

BYJU’s pays $234 million to clear Blackstone’s dues for Akash Deal

BYJU’s pays $234 million to clear Blackstone’s dues for Akash Deal

Indian company BYJU’s, on Friday, paid nineteen billion rupees ($234 million) to Blackstone Inc as part of a $950 million to buy Aakash Educational by direct deal. A source directly involved in this news clear everything on Friday. Thursday’s payment was done by BYJU’s for a 38% stake in the Blackstone-owned Learning Centre chain, which