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SoftBank to sell over 1%...

MUMBAI: SoftBank Vision Fund, an early...

SoftBank to sell over 1% in Zomato for Rs 940 crore today

MUMBAI: SoftBank Vision Fund, an early investor in Zomato, will sell 10 crore shares translating to nearly 1.2% of the company's equity through block deals. At the per-share floor price of Rs 94, the deal is expected to fetch about Rs 940 crore to the SoftBank arm.The block deal comes on the heels of Tiger Global's exit from Zomato on Monday by offloading about 12.4 crore shares for about Rs 1,130 crore. After the proposed block deal on Wednesday, SoftBank Vision Fund's holding in Zomato would come down...

Karl Jörg - August 29, 2023

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SoftBank to sell...

MUMBAI: SoftBank Vision Fund, an early investor in Zomato, will sell 10 crore shares translating to nearly 1.2% of the company's equity through...

Karl Jörg - August 29, 2023

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