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PRX Prosus NV

32.17
-0.45 (-1.38%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Prosus NV EU:PRX Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.45 -1.38% 32.17 32.05 32.40 32.36 32.005 32.045 2,189,214 16:40:00

Prosus to Buy Indian Payments Platform BillDesk for $4.7 Billion

31/08/2021 7:40am

Dow Jones News


Prosus NV (EU:PRX)
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By Jaime Llinares Taboada

 

Prosus N.V. said Tuesday that it has agreed to acquire Indian payments platform BillDesk from IndiaIdeas.com Ltd.

The Dutch internet conglomerate, a subsidiary of South Africa's Naspers Ltd., said it will pay 345 billion rupees ($4.70 billion) for BillDesk.

"PayU and BillDesk will be able to meet the changing payments needs of digital consumers, merchants and Government enterprises in India and offer state-of-the-art technology," Prosus said. PayU is a subsidiary of Prosus.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

August 31, 2021 02:25 ET (06:25 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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