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BYJU'S creditors are negotiating a 30% stake in Aakash Educational Services at a $2 billion valuation to settle a legal battle over a $1 billion loan default. The deal would drop all lawsuits against founder Byju Raveendran and free Aakash's ₹500 crore rights issue.
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Summary by ByteBrief
Kraken Eyes 15% Stake in Aave at $385M Valuation