Berkshire Hathaway confirms investment in Paytm

Billionaire Warren Buffett, who runs the conglomerate, was not involved in the transaction, according to the emailed statement from Buffett's assistant, Debbie Bosanek. The investment is expected to value the Alibaba and SoftBank-backed One97 Communications at over $10 billion.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ohpriZ