Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Berkshire Hathaway’s subsidiary National Indemnity Company has acquired 5pc shares in five Japanese trading companies — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo, according to a press release. The stakes are valued at $6bn. 


The company aims to diversify investments with this strategic plan to hold shares for long term in the leading companies. Berkshire is looking to increase its holdings up to a maximum of 9.9pc in any of the five investments and has expressed willingness to expand to supercharge the US-based conglomerate’s growth.

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