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What was the recent transaction involving Berkshire Hathaway's stake in Paytm?
  • a)
    Acquisition of additional shares.
  • b)
    Sale of the entire stake.
  • c)
    Merger with a rival company.
  • d)
    Transfer of shares to employees.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What was the recent transaction involving Berkshire Hathaway's stake i...
Berkshire Hathaway Inc recently sold its entire 2.46% stake in Paytm for Rs 1,371 crore. The transaction involved selling 1.56 crore shares at Rs.877 apiece. Ghisallo Master Fund and Copthall Mauritius Investment were the entities that purchased the shares.
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What was the recent transaction involving Berkshire Hathaway's stake in Paytm?a)Acquisition of additional shares.b)Sale of the entire stake.c)Merger with a rival company.d)Transfer of shares to employees.Correct answer is option 'B'. Can you explain this answer?
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