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Zomato hits new life-time low on reports of merger talks with Blinkit

The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.

Topics
Buzzing stocks | Zomato | Market trends

Deepak Korgoankar  |  Mumbai 



Zomato

Shares of food delivery company hit a new low of Rs 75.55, down 1.4 per cent on the BSE in Wednesday’s intra-day deals in an otherwise strong market, on reports that the company and online grocery firm Blinkit (formerly Grofers) are in talks for a merger deal.

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First Published: Wed, March 16 2022. 10:03 IST

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