Japan’s SoftBank will sell a third of its stake in One97 Communications Ltd, the owner of the Paytm payments app, through a $200 million block deal, according to deal terms reviewed by Mint. The shares are being offered to institutional investors at ₹555-601.45. Bank of America is the sole broker of the transaction. The stock is trading at a 72% discount to its issue price. Similar block trades have been seen in other tech firms. Source - MINT #japan #softbank #paytm
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
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