Softbank sells 1.16% stake in Zomato for Rs 947 crore
New Delhi, August 30 Japanese conglomerate Softbank on Wednesday divested a 1.16% stake in online food ordering company Zomato for Rs 947 crore through an open market transaction. Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of...
Advertisement
New Delhi, August 30
Japanese conglomerate Softbank on Wednesday divested a 1.16% stake in online food ordering company Zomato for Rs 947 crore through an open market transaction.
Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange.
Advertisement
Aditya Birla Sun Life Mutual Fund (MF), Axis MF, Franklin Tempelton MF, Kotak Mahindra MF, Societe Generale, Morgan Stanley Asia Singapore, Nomura Singapore, Goldman Sachs and Ghisallo Master Fund LP were among the buyers of shares of Zomato.
Advertisement
×
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Yearly
Monthly
Already a Member? Sign In Now
Advertisement
Advertisement
Advertisement