01-01-1970 12:00 AM | Source: Reuters
India`s Paytm parent One97 falls 10% on SoftBank stake sale report
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Shares of Paytm's parent One 97 Communications Ltd fell as much as 10% to their lowest since May after Reuters reported that SoftBank Group Corp will sell shares worth up to $215 million in the Indian e-payment platform.
The stock is being sold in a range of 555 rupees to 601.45 rupees per share, according to a term sheet reviewed by Reuters.
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