News > Byju’s Said to Offer Over $1 Billion for 2U to Expand in US

Byju’s Said to Offer Over $1 Billion for 2U to Expand in US

30/06/2022 01:55 PM | Click to read full article

Indian online-education provider Byju’s has offered to buy 2U Inc. in a cash deal that values the US-listed edtech company at more than $1 billion, a person familiar with the matter said.

Byju’s made the offer of about $15 a share to 2U’s board last week, said the person, who asked not to be named as the bid isn’t yet public.