shares News

Berkshire Hathaway to Buy Rest of Wesco Financial

Warren Buffett’s Berkshire Hathaway Inc. will buy the 19.9 percent it does not own of Wesco Financial Corp., in a deal worth about $547.6 million, the companies said Monday. In September, Buffett submitted a takeover bid for Wesco, run by …

Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali

An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender. Investors are closely watching the first step in …

Large AIG Share Sales on Track This Year: Source

American International Group Inc. shares are expected to settle back to a level in the mid-$40 range once the company’s recently approved warrants begin trading, a person familiar with the situation said Monday. But even at that level, the government …