{"id":846303,"date":"2024-08-21T08:31:21","date_gmt":"2024-08-21T03:01:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=846303"},"modified":"2024-08-21T08:36:47","modified_gmt":"2024-08-21T03:06:47","slug":"zomato-shares-worth-rs-5438-cr-sold-in-block-deal-antfin-likely-seller","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/21\/zomato-shares-worth-rs-5438-cr-sold-in-block-deal-antfin-likely-seller\/","title":{"rendered":"Zomato shares worth Rs 5,438 cr sold in block deal, Antfin likely seller"},"content":{"rendered":"<p>Zomato\u2019s shares valued Rs 5,438.50 crore were sold in a block deal on Tuesday, with the deal later being upsized. Antfin Singapore Holding, a subsidiary of Alibaba Group, is believed to be the seller in this transaction, according to a report by Moneycontrol. <\/p>\n<p>The deal saw the transfer of 21 crore shares, equating to a 2.4 per cent stake in the online food delivery company. These shares were sold at a floor price of Rs 258 each, representing a nearly 2 per cent discount from the stock\u2019s previous closing price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zomato\u2019s shares valued Rs 5,438.50 crore were sold in a block deal on Tuesday, with the deal later being upsized. Antfin Singapore Holding, a subsidiary of Alibaba Group, is believed to be the seller in this transaction, according to a report by Moneycontrol. The deal saw the transfer of 21 crore shares, equating to a 2.4 per cent stake in the online food delivery company. These shares were sold at a floor price of Rs 258 each, representing a nearly 2 per cent discount from the stock\u2019s previous closing price.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-846303","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846303","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=846303"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/846303\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=846303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=846303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=846303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}