Berkshire Hathaway to buy ING reinsurance unit for €300 million

Story date: 2007-12-28 11:29:00
Added on: 2007-12-28 22:48:02

International Herald Tribune - AMSTERDAM : In its second acquisition this week, Berkshire Hathaway, which is controlled by Warren Buffett, agreed Friday to ... are worried the insurers will not have enough capital to cover potential defaults on bonds and debt backed by mortgages ...


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