Japanese Investment major – ‘Softbank ‘ to sell 4.5% stake in Paytm for 200$ million.
Japanese investment major SoftBank will sell a third of its stake in One97 Communications Ltd, the owner of the Paytm payments app, through a $200 million (around Rs 1,627 crore) block deal . It will be looking to offlload 4.5% of the fintech company . SoftBank owns 12.9% of Paytm and is selling 29 million…
Read article