dcollon Posted August 31, 2009 Share Posted August 31, 2009 This came across this morning: Buffett to up stake in BYD Co ------------------------------------------------------------------------------ U.S. billionaire Warren Buffett intends to raise his stake in Chinese electric car and battery maker BYD Co Ltd <1211.HK>, BYD's chairman said on Monday. MidAmerican Energy Holdings, a unit of Buffett's Berkshire Hathaway <BRKa.N>, bought 10 percent of BYD for $230 million or about HK$8 a share last September, sparking a massive rally in the stock. Link to comment Share on other sites More sharing options...
Granitepost Posted August 31, 2009 Share Posted August 31, 2009 The article in the Globe and Mail says that BYD has not decided whether or not to issue more shares. See: http://globeinvestor.com/servlet/story/RTGAM.20090831.wbuffettchinabyd0831/GIStory/ Link to comment Share on other sites More sharing options...
MartinWhitman Posted August 31, 2009 Share Posted August 31, 2009 Warren Buffett's Desire to Hike Stake In Chinese Electric Car-Maker May Not Be New http://www.cnbc.com/id/32630282/site/14081545? Link to comment Share on other sites More sharing options...
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