Berkshire eyes bigger stakes in Japan trading houses: CEO Abel

US conglomerate pushes deeper collaboration in global deals and investments In his first visit to Tokyo since becoming Berkshire Hathaway's CEO in January, Greg Abel met with Japanese trading houses, receiving updates on their performance and exploring opportunities for joint initiatives. (Photo by Kosaku Mimura) TOKYO — Berkshire Hathaway is considering increasing its stakes in Japan's five biggest trading houses — Mitsubishi Corp., Itochu, Mitsui & Co., Sumitomo Corp. and Marubeni — while pursuing more joint investments and mergers and acquisitions with the companies around the world, CEO Greg Abel said on Thursday.

Read the full article at the source →