Terms of the deal obtained by Bloomberg show that China's Ant Group sold its remaining shares in Indian digital payments company Paytm for around $4.54 billion. According to the terms, Ant Financial Dutch Holding, a subsidiary of Ant Group, sold 37.3 million shares of Paytm's parent company One 97 Communications Ltd., through a major transaction on Tuesday. The shares were sold at Rs 1067.50 per share, a 1% discount from the stock's closing price in Mumbai on Monday. According to the terms, Citigroup and Goldman Sachs Group are responsible for this so-called “clearance transaction,” which marks the complete withdrawal of the seller from the company. At the beginning of 2025, Ant Financial held nearly 10% of the company's shares, and reduced some of its shares in May. As a pioneer in India's digital payments sector, Paytm went public in 2021, but its share price plummeted, making it one of the worst performers in major IPOs. The stock closed at Rs 1078.20 on Monday, while the 2021 IPO offering price was Rs 2150.

Terms of the deal obtained by Bloomberg show that China's Ant Group sold its remaining shares in Indian digital payments company Paytm for around $4.54 billion. According to the terms, Ant Financial Dutch Holding, a subsidiary of Ant Group, sold 37.3 million shares of Paytm's parent company One 97 Communications Ltd., through a major transaction on Tuesday. The shares were sold at Rs 1067.50 per share, a 1% discount from the stock's closing price in Mumbai on Monday. According to the terms, Citigroup and Goldman Sachs Group are responsible for this so-called “clearance transaction,” which marks the complete withdrawal of the seller from the company. At the beginning of 2025, Ant Financial held nearly 10% of the company's shares, and reduced some of its shares in May. As a pioneer in India's digital payments sector, Paytm went public in 2021, but its share price plummeted, making it one of the worst performers in major IPOs. The stock closed at Rs 1078.20 on Monday, while the 2021 IPO offering price was Rs 2150.