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Berkshire Hathaway (BRK.B)

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Berkshire Hathaway buys more Bending Spoons, paying a reported 40% discount to market price
The Apex Times

THE APEX TIMES

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Berkshire’s $930 Million Bet on Bending Spoons Outlines a Sharp Turn Toward Growth-Equity Risk
The Apex Times

THE APEX TIMES

Business / The Apex Times

Berkshire’s $930 Million Bet on Bending Spoons Outlines a Sharp Turn Toward Growth-Equity Risk

A new Berkshire Hathaway investment in Italian app developer Bending Spoons, reported as a $930 million deal, challenges the conglomerate’s longtime reputation for buying cheaper, cash-generative value stocks. What the purchase does and does not reveal underscores how quickly Berkshire’s portfolio mix can shift.

Oct 14, 1:43 PM EDT