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ANT GROUP DIVESTMENT
Antfin to offload entire Rs 5,370 crore stake in Eternal via bulk dealAntfin Singapore, an Ant Group affiliate will sell its entire stake in Eternal on Thursday. The sale involves 18.84 crore shares via a bloc...- A decade after Jack Ma’s bet, Paytm’s China ties endThe exits mark the end of a high-profile Japanese-Chinese investor chapter in Paytm’s journey, from becoming India’s most valued startup at...
- Market surge leads to Rs 50,000 crore worth stake sales by promoters and shareholdersShareholders are selling company stakes. This follows a stock market recovery. Over ₹50,000 crore in shares have been sold this month. Deal...
- NCLAT's order 'inconsistent', says SC, asks Adani Power & Dickey Alternative to cooperate with the central agencyIn a significant relief for the consortium of Dickey Alternative Investment Trust and Adani Power Ltd, the Supreme Court criticized the NCL...
- Ant Group arm divests 3.4% in Zomato for Rs 3,337 croreAccording to BSE bulk deals data, Alipay Singapore Holdings, an entity of the Ant Group, sold 297 million shares at ₹112.70 per share.
- Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 croreAccording to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed...
- SoftBank offloads 2% stake in Paytm parent One97 CommunicationsA SoftBank entity, SVF India Holdings (Cayman) Ltd, sold the shares, totalling more than 13 million, between February 10 and May 8. The tra...
- Alibaba Group to sell 26.29 crore Zomato shares on November 30The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.
- Paytm founder buys 1,70,000 company shares for Rs 11 croreOn May 30, Sharma bought 1,00,552 shares worth Rs 6.31 crore, and on May 31, he bought 71,469 shares worth Rs 4.68 crore.
- Crackdown-hit Alibaba to divest 5% stake in Chinese broadcasterThe sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large t...
- Crackdown-hit Alibaba to divest 5% stake in Chinese broadcasterThe sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large t...
- What's next for Jack Ma's Ant Group after China orders revamp?Ant, valued at around $315 billion at its IPO pricing, is also exploring options for founder Ma to divest his stake and give up control, as...
- Ant Group explores ways for Jack Ma to exit as China piles on pressureOfficials from People's Bank of China (PBOC), and the country's financial regulator held between January and March talks with Jack Ma and A...
- China's Ant explores ways for Jack Ma to exit as Beijing piles pressure: SourcesAnt denied that a divestment of Ma's stake was ever under consideration. "Divestment of Mr. Ma's stake in Ant Group has never been the subj...
- China denies plan for $1 billion Alibaba fine, but tech firms take a blowAlibaba, China's largest online shopping portal, has been in the crosshairs of authorities in recent months over concerns of its reach into...
- TikTok owner ByteDance launches Douyin Pay, its mobile payment service for China"The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin," Douyin...
- Alibaba plans $5 billion bond this month amid regulatory scrutiny: ReportDepending on investor response, proceeds could reach $8 billion which the e-commerce leader is likely to use for general corporate expendit...
- China's Ant mulls Paytm stake sale amid tensions with India: ReportThe main trigger for Ant to consider a stake sale in Paytm is the worsening diplomatic relations between India and China in the past few mo...
- Alibaba's Ant Financial invests $200 mn in ZomatoA regulatory filing by BSE-listed Info Edge said Zomato has signed a "definitive agreement to undertake a primary fund raise of an amount o...
- Wachovia, Vatika in talks for Rs 500 cr investmentPrivate equity player Wachovia Corporation is learnt to be in discussions with Gurgaon-based the Vatika Group, real estate company, for an ...
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