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BERKSHIRE WILL BOOST INVESTMENTS IN JAPANESE TRADING HOUSES

  • NEWS Desk Global
  • Feb 24
  • 1 min read



Warren Buffett said on Saturday that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese trading houses it holds.

In his annual letter to Berkshire shareholders, the billionaire investor said Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo agreed to "moderately relax" limits that capped Berkshire's ownership stakes below 10%.

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