Tuesday, 5 August, 2025
Antfin Fully Exits Paytm via ₹3,800 Crore Block Deal, Clean Sweep Chinese Ownership
Ant Group’s Netherlands arm Antfin completed the sale of its remaining 5.84% stake in Paytm’s parent, One97 Communications—worth approximately ₹3,800 crore (~$434 million). The block deal, carried out at a floor price of ₹1,020/share (≈5.4% discount), marks Ant’s full exit after prior sell-downs in May and 2023. The move ends all Chinese shareholder presence in Paytm, likely easing regulatory scrutiny and improving investor confidence.
Read full story at Economic Times