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Warren Buffett to buy Duracell from Procter & Gamble

2014-11-14 12:39:19| Telecom - Topix.net

The transaction calls for P&G to receive about $4.7 billion of its own shares that Berkshire now owns. P&G would infuse $1.8 billion in cash into Duracell before the expected closing in the second half of 2015.

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Buffett buys Duracell battery firm

2014-11-13 17:53:20| BBC News | Business | UK Edition

Warren Buffett's firm Berkshire Hathaway is set to acquire battery maker Duracell from Proctor & Gamble in an unusual deal which will reduce the firm's tax bill.

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Did Warren Buffett Make A Mistake On The Direction Of Oil Prices?

2014-11-05 05:55:50| Railroads - Topix.net

Warren Buffett has invested a massive amount of Berkshire Hathaway's capital in investments that will benefit from high oil prices. Not to worry though, the current oil price is already unsustainable as virtually every oil producer needs $100 per barrel oil.

Tags: make prices direction oil

 

Billionaire Spurned by Buffett Seeks Global Wi-Fi Network

2014-10-28 20:53:24| Wireless - Topix.net

James "Jay" Monroe III isn't in a rush. Dressed in blue jeans and a monogrammed white dress shirt, the investor sips ice water and pauses to greet Dakota, his Great Dane-blue heeler mix who bounds through the Union Pacific Freighthouse in downtown Denver.

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Would You Buy a Car From Warren Buffett?

2014-10-26 22:13:10| Auto Dealers - Topix.net

Billionaire investor Warren Buffett recently announced his plans to purchase the Van Tuyl Group, the country's largest privately owned dealership network. The company, which was founded in 1955, boasts $8 billion in revenue and sells about 240,000 cars a year.

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