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Info Edge denies any plans to sell stake in Zomato
short by Dharna / on Saturday, 16 November, 2019
Info Edge has refuted a report claiming it could sell its stake in Zomato by May 2020. "We aren't looking at a secondary sale in Zomato as of now. If it reaches breakeven by March or April, things might be different," the report quoted a senior executive as saying. Info Edge said the statement was misquoted and misrepresented its intent.
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