“Legendary investor Warren Buffett has at last locked his gaze on Australia and will now take charge of a $2 billion war chest for investment here each and every year. Mr Buffett, the head of investment conglomerate Berkshire Hathaway, will use funds from a newly minted deal with Insurance Australia Group to build up equity stakes in other large Australian companies including at least one bank. Banks will be among his targets. Mr Peters said the IAG deal ‘sends a very clear message to the market place that Berkshire will be deploying capital in Australia’.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Paris retailers complain street crime is chasing off cash-flush Chinese tourists
Colonial flags fly in Hong Kong as anger grows over Chinese rule
China saw record capital outflows in November: economist
Finally, the SEC Goes After a Failed Bank’s Auditors
Two years after Mubarak, his prison torture apparatus still wounds Egypt
French business leaders lash out at Francois Hollande
Six ways Congress may reform NSA snooping
Suicide of Deloitte partner Daniel Pirron linked to Standard Chartered's Iran scandal
Cheer Up, Obama. Israel Is Happy With Your Syria Plan
You can now spend bitcoins at your local mall
Undercover cops secretly use smartphones, face recognition to spy on crowds
Debt crisis: France puts brakes on austerity
Obama administration authorizes $1.83-billion arms sale to Taiwan
Why Buffett Is Betting Big on Housing
If The Fed Fears An Inverted Yield Curve, Why Is It Producing One?