Stock Market

r/StockMarket - What has Berkshire been secretly buying in Europe over the past 18 months?

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/

We believe Berkshire has been borrowing pounds for an ongoing 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

If this interests you, you may want to join the new Berkshire analysis subreddit: r/brkb


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