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Byju's in talks to sell US unit Epic for $400 million to Joffre

Published: November 6, 2023

The potential sale of Epic! Creations Inc. would help Byju’s raise funds to pay down a disputed $1.2 billion term loan, people familiar with the matter said.

Source: moneycontrol.com

Byju's In Talks To Sell US Unit Epic For $400 Million To Joffre

Published: November 6, 2023

Troubled Indian education provider Byju's is in advanced talks to sell its US-based kids' digital reading platform for about $400 million to Joffre Capital Ltd., seeking funds to ease its financial pressures.

Source: ndtv.com

Duolingo: Byju's in talks to sell US unit Epic for $400 million to Joffre

Published: November 6, 2023

The potential sale of Epic! Creations Inc. would help Byjus raise funds to pay down a disputed $1.2 billion term loan, people familiar with the matter said. Other bidders, including Duolingo Inc., have also expressed interest in buying the platform, they said, asking not to be named as the information isnt public.

Source: indiatimes.com

Byju's in talks to sell US unit epic for $400 million to Joffre

Published: November 6, 2023

India Business News: Indian education provider Byju's is in advanced discussions to sell its US-based digital reading platform, Epic!, for approximately $400 million to Jo

Source: indiatimes.com