Berkshire Invests 330 Million in Bending Spoons
Berkshire Hathaway invested another 330 million dollars in Bending Spoons, lifting its stake to four percent. The move follows a previous investment and sent shares of the digital firm higher.
Xurve View
Insights:
Xurve View
BERKSHIRE HATHAWAY INC-CL B invested $330 million in Bending Spoons on Wednesday afternoon, driving the digital portfolio owner's shares up 34%. The transaction expands the conglomerate's stake following a $600 million purchase during the company's July IPO. The move elevates CEO Warren Buffett's firm to the sixth-largest investor in the Italy-based enterprise.
