CCI approves PayU acquisition of BillDesk for $4.7 billion

This is one of the largest acquisitions in India’s digital payments landscape, and by far the biggest consolidation move in the fast-growing sector.
PayU and BillDesk
PayU and BillDesk

The Competition Commission of India (CCI) on Monday approved payment gateway PayU's $4.7 billion acquisition of online payments firm BillDesk.

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