Berkshire Hathaway (BRK.B) Stock Takes $1.8 Billion Stake in Japan’s Tokio Marine

TLDR Berkshire Hathaway will buy a 2.5% stake in Tokio Marine Holdings for $1.8 billion via its National Indemnity unit. The deal involves around 48 million treasury shares sold directly by the Japanese insurer. National Indemnity will join Tokio Marine’s reinsurance panel and take on part of its portfolio. Berkshire’s ownership is capped at 9.9% […] The post Berkshire…