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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Warren Buffett's Berkshire Hathaway Lifts Mitsubishi Stake Past 10% As Japan Trading House Bet Deepens

Warren Buffett

Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) has increased its stake in Japan’s Mitsubishi Corp. to 10.23% from 9.74%, Mitsubishi (OTC:MSBHF) (OTC:MTSUY) announced Thursday. The move signals deepening confidence in Japanese trading houses after previously negotiating the removal of a 10% investment cap.

Buffett’s Investment Vehicle Deepens Japanese Market Commitment

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