Trilegal, SAM, AZB advise on Prosus acquisition of BillDesk

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A team of more than 40 lawyers from Trilegal advised Euronext Amsterdam-listed Prosus when it agreed to a INR345 billion (USD4.7 billion) acquisition, via its fintech subsidiary PayU, of digital payments provider IdeasIndia.com, which operates as BillDesk.

While Shardul Amarchand Mangaldas & Co (SAM) advised BillDesk and its founders, AZB & Partners advised the selling shareholders, General Atlantic, Clearstone Group, Temasek, TA Associates, Visa and other investors.

The deal, which was announced on 31 August, is subject to approval from the Competition Commission of India.

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