Economic TimesLean R·
Meesho block deal: SoftBank-backed entity likely to sell 1% stake worth Rs 1,174 crore
SoftBank Group-backed investment vehicle SVF II Meerkat (DE) LLC is likely to divest around 1% stake in e-commerce platform Meesho through a block deal worth Rs 1,174 crore, according to reports.The floor price for the transaction has been set at Rs 246.23 per share, representing a discount of around 3.1% to Meesho's closing price of Rs 254.15 apiece on Thursday.SVF II Meerkat (DE) LLC held 31,63,60,762 shares, representing a 6.84% stake in Meesho, at the end of the September quarter of FY27, a…
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