Warren Buffett looks to Japan, takes 5% stakes in five biggest trading firms
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan
- Warren Buffett’s Berkshire Hathaway said on Sunday it has acquired more than 5% 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 purchase of the stakes in Itochu Corp (
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