After news broke the previous day that Uber Technologies intended to sell its whole shareholding in the Indian food delivery company, shares of Zomato Ltd. dropped to 6.8% on Wednesday, marking the company’s worst decline in over a week.

According to a source with direct knowledge of the situation who spoke to Reuters on Tuesday, Uber is the most likely seller of the 7.8 per cent share in Zomato that is being sold through a $373 million block sale.

According to a term sheet obtained by Reuters, the offered size of 612 million shares, valued at $373 million, is based on the lower end of the block transaction price range of 48 to 54 rupees.

Comments requested from Reuters were not fully responded to by Uber or Zomato.

The deal’s only book runner is BofA Securities. The possible seller was not identified in the term sheet. According to Refinitiv Eikon data, about 121 million shares were traded in a block deal priced at 52.5 rupees in pre-open trade. With more than 232 million shares traded, twice the 30-day average, Zomato shares last traded down 15 rupees at 54.7.