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Alibaba to Exit India's Eternal Through Block Trade
2025-08-07 /
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Author：小编
CNBC-Awaaz reported on Wednesday that Alibaba Group intends to exit its investment in India's Eternal via a block trade valued at approximately 53.75 billion rupees (roughly US$613 million). It is understood that Antfin Singapore, a subsidiary of Alibaba, currently holds a 2.08% stake in Eternal and aims to sell its entire holding at a minimum price of 285 rupees per share. As of the end of June, Antfin Singapore was listed among Eternal's shareholders.
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