Zomato shares slide 2% amid block deal; Antfin Singapore likely seller
As many as 20.14 crore shares, representing around 2.2% stake in the restaurant aggregator, were sold in the block deal at a floor price of ₹258 apiece.
As many as 20.14 crore shares, representing around 2.2% stake in the restaurant aggregator, were sold in the block deal at a floor price of ₹258 apiece.
The business magnate has tried to keep a low profile since his criticism of Chinese authorities in 2020, which followed a major crackdown on the Chinese tech sector.
Alibaba Group, which owns 13.3% stake in Zomato, reportedly sold shares worth $200 million in the company through a block deal today