Prosus terminates $4.7 billion acquisition of India’s BillDesk • TechCrunch

Prosus Ventures has called off the $4.7 billion merger of BillDesk it announced last year, saying “certain conditions precedent” were not fulfilled in a surprising development a month after the proposed acquisition received approval from the local antitrust watchdog. “Certain conditions precedent were not fulfilled by the 30 September 2022 long stop date, and the…