Byju's sells US subsidiaries at steep discount

Byju's has sold its US subsidiaries, Epic and Tynker, through US bankruptcy proceedings as part of its asset liquidation after a financial downturn. Epic was acquired by TAL Education Group for $95 million, while CodeHS purchased Tynker for $2.2 million. These sales aim to help lenders recover losses from a $1.

source https://timesofindia.indiatimes.com/business/india-business/byjus-sells-us-subsidiaries-at-steep-discount/articleshow/121762023.cms
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