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Blackstone to add up to 1% of Byju’s post Aakash merger

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Blackstone to add up to 1% of Byju’s post Aakash merger
Credit: 123RF.com

US private equity firm Blackstone Inc. will get an additional 0.75%-1% stake in Byju’s after the completion of a merger of test prep leader Aakash Educational Services Ltd with the edtech giant’s parent Think and Learn Pvt. Ltd, said two people familiar with the development. The merger plan is awaiting approval ......

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