Berkshire Hathaway Makes Big Investment In Five Japanese Firms
Wochit Entertainment
Wochit Entertainment
  • 4 years ago
Warren Buffett's Berkshire Hathaway disclosed a $6 billion bet on five of Japan's biggest trading companies.
The news was released Sunday night in a press release.
The billionaire investor's company revealed that it owns just over 5% of Mitsubishi, Mitsui, Itochu, Marubeni, and Sumitomo.
Business Insider reports that all five firms rose between 4% and 10% on Monday.
Buffett said "I am delighted to have Berkshire Hathaway participate in the future of Japan and the five companies we have chosen for investment."
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