Paytm shares in focus after Ant Financial plans Rs 2,200 crore stake sale via block deals
- Posted on May 13, 2025
- By Business News Today
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Paytm shares in focus after Ant Financial plans Rs 2,200 crore stake sale via block deals
Ant Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them at ₹809.7 each, a 6.4% discount. This sale could reduce Ant Financial's stake in Paytm from 9.85% to around 4%. Goldman Sachs and Citigroup are managing the deal.
