US EditionAntfin Fully Exits Paytm With INR 3,981 Cr Selloff
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Antfin Fully Exits Paytm With INR 3,981 Cr Selloff
On July 5, the Alibaba Group affiliate business sold 3.73 Cr shares of the fintech giant through open-market transactions for INR 3,980.7 Cr, a day after rumours circulated that Antfin was seeking to sell its remaining interest in Paytm.Societe Generale, My Asian Fund Among Key BuyersAntfin sold the shares at an average selling price of INR 1067.6 each, according to BSE data. This was about 1% less than Paytm's closing price of INR 1,078.3 on 4 …
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