Subsidiary Berkshire Hathaway acquires a stake in five Japanese trading firms
In an intriguing turn of events, Berkshire Hathaway surprised the financial world on Monday by revealing that its wholly-owned subsidiary National Indemnity Company has significantly increased its stake in five prominent Japanese trading firms to an astonishing average of over 8.5%. These notable companies include Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo.