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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rnam   😊 😞
Number: of 15061 
Subject: PayTM sold
Date: 11/24/2023 11:24 AM
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Billionaire Warren Buffett's Berkshire Hathaway (BRKa.N) has exited India's Paytm (PAYT.NS) after selling its entire stake in the company for about 13.71 billion rupees ($164.70 million) through a bulk deal on Friday.

Berkshire Hathaway's BH International Holdings has sold more than 15.6 million shares of the digital payments firm, with a weighted average price of 877.29 rupees per share, exchange data showed.

https://www.reuters.com/business/berkshire-hathawa...

Purchased in 2018 for $356 million. Don’t know if there were intermediate disposals. If not a big loss of over 50%. This was a Todd Combs investment and not Buffet’s.

https://www.reuters.com/article/us-paytm-funding-b...

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