Antfin’s exit from Paytm marks a significant shift in the company’s ownership structure, eliminating all Chinese shareholding. Antfin (Netherlands) Holding B.V., considered a Chinese entity due to its backing by Alibaba, appointed Goldman Sachs and Citi to execute the bulk deal at a floor price of Rs 1,020 per share, according to market sources.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets