Byju's in talks to sell US unit Epic! for $400 million to Joffre
Online education pioneer bought Epic for $500m in 2021 as part of its global expansion
Source: gulfnews.com
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Byju's in talks to sell US unit Epic for $400 million to Joffre
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
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
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
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