Ant Group is planning to sell a 3% stake in Paytm in a deal valued at $309 million, according to a market report cited by ChainCatcher. Paytm was identified in the report as an Indian digital payments and fintech company. The brief item did not name a buyer or provide additional terms for the proposed transaction. No timeline beyond the report itself was disclosed in the source material. ChainCatcher attributed the information to market sources.
Ant Group plans to sell a 3% stake in Paytm in a $309 million transaction, according to a market report cited by ChainCatcher.
The source identified Paytm as an Indian digital payments and fintech company. It did not disclose the buyer or further transaction details.
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