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BRK taking up BYD stake?


dcollon
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This came across this morning:

 

Buffett to up stake in BYD Co

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    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.

 

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