China’s Alibaba to exit India’s Eternal via block deal, CNBC-Awaaz reports
(Reuters) -China’s Alibaba Group is likely to exit India’s Eternal in a block deal valued at 53.75 billion rupees ($613 million), CNBC-Awaaz reported on Wednesday, citing sources. Alibaba’s unit Antfin Singapore, which had a 2.08% stake in Eternal as of June-end, will offload all of it at a floor price of 285 rupees, the report…