Berkshire Hathaway Makes Big Investment In Five Japanese Firms
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."
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."