Business News

billtrust deal

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

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

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

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

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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