Ant Group: Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore
Mumbai: The Chinese Ant Group is set to divest a 3.4% stake in Zomato for ₹3,290 crore through block deals Wednesday, timing the exit with a near-90% surge in the food delivery app’s stock over the past one year. According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an … Read more