China’s Ant Group to sell 4% stake in India’s Paytm for $242 million, term sheet shows
Paytm app. File. | Photo Credit: Reuters China’s Ant Group will sell a 4% stake in Indian payments firm Paytm for $242 million, a term sheet seen by Reuters on Monday showed. Ant, an affiliate of Chinese conglomerate Alibaba Group , will sell the stake at 809.75 rupees per share, a discount of 6.5% to […]
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