Answer to Question #338634 in Management for hiteshree

Question

3. In India, the year of 2021 saw an immense surge in mergers and acquisitions. This was mainly propelled by first-time buyers and steered by a growth of industry disruptors across multiple sectors and business activities. The acquisition of Indian payments giant BillDesk by technology investors Prosus NV was the largest merger and acquisition deal in the Indian fintech industry. Prosus has its own Fintech business PayU. This acquisition will help PayU to become one of the leading online payments providers, globally, with presence in over 20 markets and increased total payments volume (TPV) of over US$4 billion.

 

b. Identify and explain the type of merger seen here. Also, elucidate the other types of

mergers and acquisitions in brief.