The Khaitan family has been trying to reduce the debt burden for a while now. : Energizer Holdings and Warren Buffett's Berkshire Hathaway-owned Duracell have come face to face to in a battle to grab a controlling stake in battery manufacturer Eveready Industries Ltd. Energizer already owns the Eveready brand in the US and China. The US-based rivals are not alone in the race for BM Khaitan's flagship company and some private equity firms such as Blackstone, KKR and Kedaara too are expected to submit their bids.