Zomato to acquire Blinkit for <span class='webrupee'>₹</span>4,447 crore in all-stock deal

[Bilgin]

Zomato to acquire Blinkit for <span class='webrupee'>₹</span>4,447 crore in all-stock deal Zomato will issue up to 629 million shares, amounting to an equity stake of 6.88% on a fully-diluted basis, at an allotment price of ₹70.76 per share, Zomato said in a regulatory filing