Question
Which company has signed a non-exclusive term sheet to acquire rival FreeCharge?
Answer: Option C
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Alibaba Group-backed Paytm has signed a non-exclusive term sheet to acquire rival FreeCharge, the digital payments platform owned and operated by beleaguered online
marketplace Snapdeal, in what is expected to be an all-cash deal. The deal, estimated at between $45 million and $90 million, could be finalised in a month once the deal is succesful.
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