Business News

billtrust deal

Billtrust to be acquired by EQT Private Equity, share soared 60% in pre market

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BTRS Holdings Inc, who is the owner of  Billtrust  announced on Wednesday that it will be acquired by EQT Private Equity. The estimated valuation is  nearly $1.7 billion. Billtrust main business is to provide a cloud-based software. It  helps businesses shifted from paper invoicing to an integrated digital payments system. The data available on its …

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byju blackstone deal

Byju’s pays $234 million to Blackstone to clear dues of Aakash deal

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On 23rd Sep Between Byju’s and Blackstone , a deal of $234 million completed, where Byju’s paid these amount to Blackstone Inc as part of $950 million to buy Aakash Educational. Byju is India’s largest ed-tech company and also the creator of India’s most loved school learning app which offers highly adaptive, engaging and effective …

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cci penlties on hospital chain

CCI to impose up to 10% penalties on India’s largest hospital chains through excessive pricing

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On 22nd sept as the Indian stock market open, Fortis health care share crashed, and finally at the end it closed with a 20% fall. The impact was due to CCI report. After four years of investigation, India’s fair-trade regulator found some of India’s largest hospital chains charging excessive price for their medical services and …

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tata steel mega merger

Tata Steel megamerger- Going to merge with its 7 group companies

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Tata Steel’s board has approved the scheme of merger with its seven group companies These companies are – Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF Limited, the Indian Steel & Wire Products, Tata Steel Mining and S&T Mining Company The share exchange ratio has been decided individually for the seven …

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