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Ant Group to Sell 4% in Paytm for ₹2,066 Crore
Financial Express Pune
|May 13, 2025
CHINA'S ANT GROUP will sell a 4% stake in Paytm for $242 million (around ₹2,066 crore), a term sheet seen by Reuters on Monday showed.
Ant, an affiliate of Chinese conglomerate Alibaba Group, will sell the stake at ₹809.75 per share, a discount of 6.5% to Paytm's closing price on Monday.
It was not immediately clear who the buyers would be.
Goldman Sachs India Securities and Citigroup Global Markets India will lead the sale, the term sheet showed.
Paytm and Ant Group did not immediately reply to a request for comment.
Cette histoire est tirée de l'édition May 13, 2025 de Financial Express Pune.
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