Ant Group plans $309 million sale of 3% Paytm stake

Ant Group plans to sell a 3% stake in Indian digital payments and fintech company Paytm in a transaction valued at $309 million, according to a market report cited by PANews on August 18. The planned deal points to a partial reduction in Ant Group's exposure to Paytm, one of India's best-known digital finance platforms.

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