Buffett: The euro is devaluing to buy more German companies appears to be a ripe
Source: Internet
Author: User
According to overseas media reports, "Warren Buffett" in the German media interview, said that may buy more German companies. Buffett said, "I like German companies, where there is the best management and perfect investment environment." There is no doubt that we are very interested in acquiring more German companies. In the context of the devaluation of the euro, the acquisition appears to be the case, but the exchange rate factor is not the primary condition, our goal is to have more quality companies. "At the same time, the market has also emerged that Berkshire Hathaway may buy Haribo, a famous German confectionery company, and Heidelberg, the world's largest printer producer. The move follows Buffett's 400 million euro takeover of Detlevlouismotorradvertriebs, Europe's biggest motorcycle-parts retailer, and a pioneer in Buffett's European takeover. At the beginning of February this year, Mr. Buffett was speaking out and might buy a small business in Western Europe and would like to buy more companies overseas. In addition, as of the fourth quarter of 2014, Berkshire Hathaway held 5% of the world's largest farm machinery equipment maker, about 17.1 million shares, compared with nearly 10 million shares in the third quarter of 2014. This is the second time Buffett to buy the Deere stake in the third quarter of 2012 Berkshire Hathaway to buy Deere shares of 3.98 million shares, worth 328 million of dollars.
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