Motilal Oswal
    NIFTY 50
Motilal Oswal
December 07, 2018 03:20 PM | Finance

Berkshire Hathaway eyes stake in Kotak Mahindra bank

Berkshire Hathaway eyes stake in Kotak Mahindra bank.

Warren Buffett's Berkshire Hathaway is likely to be in talks for stake buy in Kotak Mahindra bank.

Berkshire Hathaway is mulling buying at least 10 percent stake buy. It may look at buying promoter stake or via preferential allotment

Berkshire Hathaway may look to invest $4-6 billion. Uday Kotak needs to dilute stake to below 20 percent by December 2018 as per RBI guidelines.
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