Jack Ma-backed Ant Group plans to pare stake in Paytm
The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd after its share percentage increased passively due to share buybacks, the people said, requesting not to be identified because the matter is private. Talks are preliminary and details could change depending on regulatory and pricing concerns, the people added.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
