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 , Marubeni Corp , Mitsubishi Corp , Mitsui & Co Ltd and Sumitomo Corp , the company said in a statement. Berkshire Hathaway intends to hold its Japanese investments for the long term, but may increase its holdings up to a maximum of 9.9% in any of the five investments depending on price, the company said. …read more
Source:: Yahoo Finance
