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r/StockMarket - Buffett secretly buying unknown company in Europe for past 18 months

We believe Buffett has been borrowing euros and pounds for an ongoing secret acquisition in the UK, just like it borrowed Yen for the Japanese trading company investment:

https://www.reddit.com/r/BerkshireHathaway/comments/ijt1i7/the_value_proposition_berkshire_borrowed_in/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

The Europe/UK borrowing started in the first half of 2019:

Berkshire has hired banks to manage a benchmark sale of 20- and 30-year bonds in euros, as well as in pounds, Bloomberg News reported Tuesday, citing a person familiar with the matter. It would be the Omaha, Nebraska-based company’s first euro-denominated bond deal since 2017 and the first time it’s ever sold debt in pounds

https://www.bloombergquint.com/view/why-is-warren-buffett-s-berkshire-hathaway-borrowing-in-europe

Berkshire borrowed another 600M euros last week:

https://sec.report/Document/0001193125-21-009818/

The acquisition target could be GlaxoSmithKlein, Reckitt Benckiser, the mining companies BHP and Glencore, or something else

For more discussion, visit the Berkshire Hathaway subreddit:

r/brkb


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