In 50 Words: SoftBank set to sell remaining 2.18% stake in Zomato

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In 50 Words: SoftBank set to sell remaining 2.18% stake in Zomato

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Japanese investment firm SoftBank plans to fully exit its stake in Zomato in the coming months. SoftBank has about 2.18% stake left in the online food service platform, which it anticipates selling in block deals.

This follows its recent sale of around 1.17% of Zomato’s equity.

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