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Berkshire Hathaway sells entire stake in Paytm, exits with a loss of over ₹600 crore
short by Anmol Sharma / on Friday, 24 November, 2023
Warren Buffett-led Berkshire Hathaway has exited Paytm with a loss of over ₹600 crore. Berkshire Hathaway sold its entire 2.46% stake in the firm through the open market for around ₹1,370 crore. It had invested ₹2,200 crore in Paytm in 2018. During the Paytm IPO in 2021, Berkshire Hathaway had sold its shares worth ₹220 crore.
read more at CNBCTV18