Dec 23 (Reuters) - 3P Learning Ltd 3PL.AX :
* UPDATE ON BYJU'S PROPOSAL AND BLAKE PROPOSAL
* CO IS IN ADVANCED & CONTINUING DISCUSSIONS WITH BYJU'S
* NO CERTAINTY THAT EITHER BYJU'S OR BLAKE PROPOSAL WILL RESULT IN BINDING TRANSACTION
* BLAKE ELEARNING DESCRIBED TERMS OF ITS PROPOSAL AS "NON-NEGOTIABLE" & CO'S BOARD HAS CONCERNS ABOUT THE TERMS