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Berkshire Hathaway to invest $400M into Home Capital (really)

Mark Jr.

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Home Capital Reaches Agreement with Berkshire Hathaway for Investment of up to C$400 Million in Common Equity and Provision of New C$2 Billion Credit Facility




The Home Capital thread is over here:





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This deal is peanuts for Berkshire.  He's just getting Berkshire's name out there for when one of the big 5 banks need capital.  Savvy, even in his old age :)




Maybe he's testing a new strategy: is Berkshire's name powerful enough to draw in deposits? If so, this could be an incredible new business opportunity for BRK lol

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