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Buffett’s Berkshire Hathaway Increases Tesco Stake to 5.08%

Billionaire investor Warren Buffett increased his stake in Tesco Plc to 5.08 percent after a slump in the share price of the U.K.’s largest supermarket chain.

Buffett’s Berkshire Hathaway Inc. raised the holding from 3.21 percent and held about 407.6 million shares as of Jan. 13, Cheshunt, England-based Tesco said today in a statement.