TOKYO -- Warren Buffett's Berkshire Hathaway increased its holdings in five Japanese trading houses to close to 10%, backing up Buffett's earlier stated policy of increasing the stakes gradually.
Business deals
Buffett's Berkshire boosts stakes in Japanese trading houses
Billionaire investor's move comes after he stated his intention in annual letter
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Warren Buffett, chairman and CEO of Berkshire Hathaway, recently told shareholders that the Nebraska-based conglomerate aimed to increase its holdings in Japan's trading houses. (Nikkei montage/Source photos by Shinya Sawai)
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