Ant Group to exit Eternal, sell shares worth $612mn | Dununu.com :...

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Ant Group to exit Eternal, sell shares worth $612mn

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Ant Group is set to fully exit Eternal (formerly Zomato) by selling its remaining 1.9% stake, valued at Rs 5,370 crore, through block deals. This move follows Ant Group's recent exit from Paytm, signaling a reduction in its India exposure. The sale involves offloading 18.8 crore shares at a discounted floor price of Rs 285 per share.

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