SoftBank sells another 2% stake in fintech giant Paytm
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Japanese tech conglomerate SoftBank has sold another 2% stake in Paytm’s One97 Communications worth about $300 Mn. SoftBank has sold the stakes over the past month via open market operations, MoneyControl reported. As Paytm’s share price has been over INR 830 over the last month, the Japanese investor has offloaded shares regularly during the period in small tranches through open market transactions.