Economy · India
Meesho Stake Changes Hands in Large Block Deal
A block deal involving a 1.7% stake in the e-commerce company Meesho, valued at approximately ₹1,650.4 crore, occurred on Thursday. SoftBank is reported to be the likely seller of the stake. Following the transaction, Meesho's stock price experienced a decline.
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- Centre (2): Business Today, Mint