Buffett's losses are heavy! Clearance "India Alipay" Paytm
Hawk_Finance
2023-11-27 17:41:01
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According to media reports, local time 24, Buffett's Berkshire Hathaway clearance India's largest digital payment company Paytm, through a large deal to 1..$6.4 billion sold to the company 2.5% shareholding。According to the local stock exchange in India, in 2018, Berkshire invested about 2.$600 million, acquired a 3% stake in the financial services startup at a valuation of about $10 billion, which cost about 1,279 per share at current exchange rates..7 rupees。The weighted average price of the sale is 877 per share..29 rupees, at this price, Buffett's loss per share is 31%。
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