News Formal

Buffett's Berkshire buys 5% stake each in five Japanese trading companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5per cent stakes in each of the five leading Japanese trading companies.

REUTERS: Warren Buffett's Berkshire Hathaway said on Sunday it has acquired more than 5 per cent stakes in each of the five leading Japanese trading companies.

Berkshire Hathaway's wholly owned subsidiary, National Indemnity Company, will notify Japan's Kanto Local Finance Bureau of the stake purchase in Japanese companies Itochu Corp , Marubeni Corp , Mitsubishi Corp , Mitsui & Co Ltd and Sumitomo Corp , the company said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Football: Serie A at a crossroads as funds bid for new media companyLarge private equity funds have teamed up to bid for a minority stake in a firm holding Serie A broadcasting rights, two sources familiar with the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »