Deals
Buffett's $35B European Shopping Spree
The U.S. billionaire investor is looking for EU companies that meet his exacting standards. Names being mentioned are Swatch and Haribo
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As shopping trips go, this could be a big one. Warren Buffett, the billionaire US investor who controls Berkshire Hathaway, touched down in Germany yesterday to begin a four-day European tour he hopes will enable him to invest some of the $35bn (£18bn) cash pile on which the investment company is currently sitting.
Having told Berkshire investors last month that "we're nowhere near as prominent in Europe as we should be", Mr Buffett hopes what he describes as a "deferred shopping tour" will put that right.