Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

Nomura, Goldman Sachs buy Zomato shares as SoftBank sells 1.17% in Rs 947 crore deal

SoftBank sold a partial stake in food delivery platform Zomato through bulk deals on Wednesday. The transaction was done at Rs 94.7 apiece, taking the deal value to Rs 947 crore. According to exchange data, SoftBank Vision Fund has offloaded 10 crore shares or 1.17% stake in the company as the lock-in for the post-Blinkit … Read more