Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential
stock it’s been buying
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Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year. Berkshire revealed it acquired nearly 26 million shares of Chubb in a Wednesday Securities and Exchange Commission filing of the company’s first quarter investments. That translates to a value of approximately $6.7 billion. Buffett’s company had shielded the position from public knowledge as it was building the...
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Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
By Samantha Delouya, CNN (CNN) — The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year. Berkshire revealed it acquired nearly 26 million shares of Chubb in a Wednesday Securities and Exchange Commission filing of the