Tag: Davidson

  • Davidson Kempner hands Aakash stake to Manipal’s Pai at 75% profit

    The transfer of US hedge fund Davidson Kempner’s stake in test-prep company Aakash to hospital chain Manipal Group chairman Ranjan Pai is a significant move in the EdTech space. This calculated action is a component of a larger deal with Byju’s, the well-known EdTech company that controls Aakash. The transaction has significance for the parties…