{"id":952508,"date":"2025-08-05T06:59:24","date_gmt":"2025-08-05T01:29:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=952508"},"modified":"2025-08-05T07:11:43","modified_gmt":"2025-08-05T01:41:43","slug":"chinas-ant-group-to-exit-paytm-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/05\/chinas-ant-group-to-exit-paytm-report\/","title":{"rendered":"China&#8217;s Ant Group to exit Paytm: Report"},"content":{"rendered":"<p>China&#8217;s Ant Group will exit Indian payments firm Paytm by selling its remaining equity stake in block deals that could total $433.72 million, according to a term sheet seen by Reuters on Monday.<\/p>\n<p>Ant, an affiliate of Chinese conglomerate Alibaba Group , will sell its 5.84% stake at a floor price of 1,020 rupees per share.<\/p>\n<p>Goldman Sachs India Securities and Citigroup Global Markets India will lead the sale, the term sheet showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Ant Group will exit Indian payments firm Paytm by selling its remaining equity stake in block deals that could total $433.72 million, according to a term sheet seen by Reuters on Monday. Ant, an affiliate of Chinese conglomerate Alibaba Group , will sell its 5.84% stake at a floor price of 1,020 rupees per share. Goldman Sachs India Securities and Citigroup Global Markets India will lead the sale, the term sheet showed.<\/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":[59,4,10],"tags":[],"class_list":["post-952508","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952508","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=952508"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952508\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=952508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=952508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=952508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}