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Blackstone, Chaudharys in talks with PEs to exit Aakash
New Delhi, May 31, 2024: PE firm Blackstone and AESL founder Chaudhary family are looking to sell their residual stake 18% stake in the tutoring chain shortly, sources aware of the matter said. With Deepak Mehrotra joining as CEO recently, he will lead AESL’s strategic vision to enhance its offerings, expand its reach, and positively impact the tutorial market. The move by the two shareholders to exit the company comes at a time when it…
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