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Barchart
Barchart
Aditya Raghunath

Berkshire Hathaway Is Betting Big on Little-Known Tokio Marine. Should You Buy the Stock Here?

Berkshire Hathaway Berkshire NICO Insurance Japan

Berkshire Hathaway (BRK.A) (BRK.B) doesn't make $1.8 billion bets lightly. The conglomerate is doubling down on Japan, and this time, it's not trading houses. Its subsidiary, National Indemnity Company (NICO), is set to acquire a 2.49% stake in Tokio Marine Holdings (TKOMY) for roughly ¥287.4 billion, or about $1.8 billion.

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