Warren Buffett's Berkshire Hathaway exits Paytm; stock drops 1%
Berkshire Hathaway sold 1.56 crore shares or 2.5% stake in Paytm at an average price of ₹877.29 per share via block deal on November 24.
Berkshire Hathaway sold 1.56 crore shares or 2.5% stake in Paytm at an average price of ₹877.29 per share via block deal on November 24.
The shares of Paytm parent, One97 Communications, declined as much as 4.6% to hit a low of ₹880, with 8.7 lakh shares changing hands on the BSE.
Alibaba Group subsidiary Antfin is looking to sell 3.6% stake in Paytm through a block deal today at a floor price of ₹880.10 per share.