Alibaba Group Holding Limited (NYSE:BABA) to sell entire stake in Indian company Eternal in a block deal worth $613 million. The deal involves Antfin Singapore’s 2.08% stake in Eternal parent company of food delivery service Zomato. Floor price set at 285 rupees per share, 4.6% discount to closing price. No comments yet from either company.

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Read more at Yahoo Finance: Alibaba to Exit Indian Food Delivery Company Eternal with $613M Stake Sale