China's Ant Group to sell 4% stake in India's Paytm for $242 million, term sheet shows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
0mins
Source: Reuters
Ant Group's Stake Sale: China's Ant Group plans to sell a 4% stake in Indian payments firm Paytm for $242 million, at a price of 809.75 rupees per share, which is a 6.5% discount from Paytm's recent closing price.
Market Context: This sale follows a trend of significant selldowns for Paytm, including exits by major investors like Berkshire Hathaway and SoftBank, with Goldman Sachs and Citigroup leading the transaction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
