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China News Economy, Politics, Society, Regulation and Reform -- News by FT.com

Buffett buys BYD stake

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Old Sep 30th, 2008, 12:30 AM     #1
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Default Buffett buys BYD stake

A company controlled by Warren Buffett will buy a 10% holding in the Chinese electric carmaker and rechargeable battery producer for HK$1.8bn, a deal that marks the billionaire investor's first strategic investment in the mainland

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