Practicing Success
India's biggest online-education startup Byju's has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services. for $1 billion. The deal for what will be one of the largest ed-tech acquisitions in the world should close in the next two or three months. Identify the type of acquisition that would take place between the two firms. |
Friendly acquisition Hostile acquisition Reverse acquisition Backflip acquisition |
Friendly acquisition |
Friendly acquisition :Both the companies approve of the acquisition under friendly terms. There is no forceful acquisition and the entire process is cordial. |