Antfin to Exit Eternal in $612 Mn Block Deal

Antfin to exit Eternal in $612 mn block deal

The term sheet showed that the clean-up trade was made at a 4.63% discount to Eternal’s closing share price on 6 August.

Antfin likely to offload entire stake in Eternal for Rs 5,375 crore via block deal: CNBC-Awaaz

CNBC-Awaaz reported that Antfin will sell 18.84 crore shares of the delivery tech company and floor price has been fixed Rs 285 apiece

After Paytm, Antfin To Exit Eternal By Selling Shares Worth INR 5,375 Cr

Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm. Citing sources, CNBC Awaaz reported that Antfin has set the floor price for the shares of Zomato parent at INR 285. This is a discount of 4.6% to the stock’s closing price of INR 298.9 today. As per Eternal’s shareholdin…

Eternal Block Deal: Antfin To Offload Entire Stake, Sets Floor Price At Rs 285/Share

Eternal Stake Sale: Antfin Singapore Holding Pte. Ltd, an affiliate of Ant Group, will offload its entire stake in food delivery giant Eternal—equivalent to 18.84 crore equity shares—via a block deal, Bloomberg reported on Wednesday.According to a term sheet accessed by the news agency, the floor price is set at Rs 285 per share.Antfin held 18,84 crore shares, amounting to 2.08% stake, in the Zomato parent till the end of June 2025 quarter, as p…