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Warren Buffett’s Berkshire Hathaway is in talks to partner with Mitsui, CEO Tatsuo Yasunaga told Nikkei Asian Review.
“We have been in discussions to identify where we can collaborate on new business and where there are mutual benefits in using our global network,” Yatsunaga said.
Berkshire revealed 5% stakes in Mitsui and four other Japanese trading companies at the end of August, and Yatsunaga immediately wrote to Buffett about joining forces.
Yatsunaga intends to expand Mitsui’s joint venture with Berkshire-backed Davita into Japan, he said.

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Warren Buffett’s Berkshire Hathaway is exploring partnerships with Mitsui, the Japanese trading group’s boss told Nikkei Asian Review in a recent interview.

“We have been in discussions to identify where we can collaborate on new business and where there are mutual benefits in using our global network,” Mitsui CEO Tatsuo Yasunaga told the newspaper.

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Yasunaga began talks with Berkshire by letter in early September, days after Buffett’s company revealed 5% stakes in Mitsui and four other Japanese trading companies. The positions …read more


Source:: Businessinsider – Finance

      

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