Fintech Firm

SoftBank To Sell One-third Of Its Stake Via Block Deal

SoftBank To Sell One-third Of Its Stake Via Block Deal

Japan-based SoftBank is to sell its stake of One97 Communication, owner of Paytm, worth $200 billion through a block deal on Thursday.  BofA Securities, Bank of America, is the deal’s banker. SoftBank has offered to sell shares in the price band of Rs 555-601 single piece. At the lower end of the band, it is a…