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Fortune

Massimo Marioni

Warren Buffett’s $1.24 billion bet on Modelo maker is 'perfect example of value investing'

Warren Buffett Modelo Berkshire Hathaway Constellation Brands Berkshire Citi Constellation Fortune

Warren Buffett, Chairman and CEO of Berkshire Hathaway (Credit: Kevin Dietsch—Getty Images)

Warren Buffett's Berkshire Hathaway has taken a $1.24 billion stake in Constellation Brands, betting on the long-term strength of its premium Mexican beer portfolio despite near-term tariff risks.

Warren Buffett's Berkshire Hathaway has taken a significant $1.24 billion stake in Constellation Brands, the company behind popular beer labels Corona, Modelo, and Pacifico.

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WA Bravery Awards honour Perth father who saved his daughter from drowning

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A family holiday in Broome, Western Australia, turned into a life-threatening emergency for Perth father Sandy Spratt in August 2025. The 25-year-old was visiting a relative’s home when he noticed an unsettling silence as his two young daughters played near a gated swimming pool. He rushed over and found his…

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The Economic Times

One subscription that gives you access to news from hundreds of sites

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Five people shot and killed in apparent murder-suicide, Georgia police say

Five people shot and killed in apparent murder-suicide, Georgia police say

Deceased were all members of the same family, officials say, and one of victims placed the initial emergency call

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