Market Updates
Buffett Controlled Berkshire Takes $4 Billion HP Stake
Scott Peters
07 Apr, 2022
New York City
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Berkshire Hathaway acquired about 11% stake or 121 million shares for $4.2 billion in HP Inc, according to regulatory filings. Warren Buffett has stepped up his investment activities after acquiring Alleghany Insurance for $11.6 billion last month. In recent years the famed investor has taken substantial investments in Apple and IBM after shunning tech companies for decades.
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