{"id":1033055,"date":"2026-09-03T10:42:44","date_gmt":"2026-09-03T05:12:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1033055"},"modified":"2026-09-03T10:42:44","modified_gmt":"2026-09-03T05:12:44","slug":"softbank-to-offload-1-5-stake-in-meesho-via-block-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/03\/softbank-to-offload-1-5-stake-in-meesho-via-block-deal\/","title":{"rendered":"SoftBank to offload 1.5% stake in Meesho via block deal"},"content":{"rendered":"<p>Masayoshi Son&#8217;s SoftBank Group Corp. is offering to sell 70 million shares in Indian e-commerce platform Meesho Ltd through a block deal on Thursday, according to a term sheet reviewed by Mint.<\/p>\n<p>The seller, SoftBank-affiliated SVF II Meerkat (DE) LLC, is offering a 1.5% stake in the Vidit Aatrey-led company, with the floor price for the shares being set at \u20b9205 rupees per share, representing a 3.1% discount to Meesho&#8217;s closing price of \u20b9211.60 on 2 September on the National Stock Exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Masayoshi Son&#8217;s SoftBank Group Corp. is offering to sell 70 million shares in Indian e-commerce platform Meesho Ltd through a block deal on Thursday, according to a term sheet reviewed by Mint. The seller, SoftBank-affiliated SVF II Meerkat (DE) LLC, is offering a 1.5% stake in the Vidit Aatrey-led company, with the floor price for the shares being set at \u20b9205 rupees per share, representing a 3.1% discount to Meesho&#8217;s closing price of \u20b9211.60 on 2 September on the National Stock Exchange.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1033055","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1033055"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033055\/revisions"}],"predecessor-version":[{"id":1033056,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033055\/revisions\/1033056"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1033055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1033055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1033055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}