BERKSHIRE - Mysterious purchase solved! Berkshire announces investment in Chubb $CB (+1,52 %)
valued at 6.72 billion dollars.💰
Warren Buffett's Berkshire Hathaway announced a new $6.72 billion stake in insurer Chubb on Wednesday, confirming months of speculation about a major new investment. This makes Chubb one of Berkshire's top 10 holdings.
"Chubb is an attractive equity investment for Berkshire because it operates in an area Berkshire knows well: property and casualty insurance," Cathy Seifert, an analyst at CFRA Research who follows Berkshire, said in an e-mail.
https://de.marketscreener.com/kurs/aktie/BERKSHIRE-HATHAWAY-INC-11915/news/Berkshire-gibt-Beteiligung-an-Chubb-im-Wert-von-6-72-Milliarden-Dollar-bekannt-Aktien-des-Versicher-46739083/