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Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report
Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per share. This stake sale is anticipated to be worth $100 million. Citi is reportedly managing the placement. This comes after a strong recovery in Paytm's stock.
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thehindubusinessline.com
Elevation Capital to sell 1.3% stake in Paytm parent company
Elevation Capital to sell 1.3% stake in Paytm's parent company, raising approximately ₹963.6 crore through a bulk share sale.
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economictimes.indiatimes.com
Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report
Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per…
