MEMG plans acquisition of Byju's parent company
pre-market1 source ↓written by the desknot a recommendation
- been extended
- 13 Nov 2023
Manipal Education and Medical Group (MEMG) is pursuing the acquisition of Think & Learn, the parent company of Byju's. This strategic move includes a focus on acquiring a 25% stake in Aakash Educational Services and other assets like GeoGebra and WhiteHat Jr. The deadline for expressions of interest has been extended to 13 Nov 2023.
This acquisition could reshape the edtech landscape, attracting significant investor interest and impacting market dynamics.
Not investment advice. For informational purposes only.