कोशिश गोल्ड - मुक्त
China's Ant Group to Sell 4% Stake in Paytm; Floor Price at ₹810/share
The New Indian Express Kottayam
|May 13, 2025
CHINESE conglomerate Alibaba Group is all set to reduce its shareholding in Paytm parent company, One 97 Communications, on Tuesday.
According to sources, Alibaba affiliate Ant Group-backed Antfin Netherlands Holding BV will float 2.6 crore shares, which represent around 4% equity, in the open market.
The floor price for each share of the company is kept at ₹809.75, a 6.5% discount to Monday's closing prices. Based on this price, the stake sale at Paytm's parent company may fetch the Chinese company about ₹2,065 crore, based on the minimum price.
यह कहानी The New Indian Express Kottayam के May 13, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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The New Indian Express Kottayam
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School headmaster develops 22-string modified guitar for classical music need
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NEET-UG retest done, Physics stumps many
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IB director’s tenure likely to be extended third time
Move shows govt’s faith in Deka, who is scheduled to retire on June 30
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