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Buffett's Berkshire buys 5% stake each in five Japanese trading companies

Aug 30 (Reuters) - Warren Buffett’s Berkshire Hathaway said on Sunday it has acquired more than 5% stakes in each of the five leading Japanese trading companies.

Berkshire Hathaway’s wholly-owned subsidiary, National Indemnity Company, will notify Japan’s Kanto Local Finance Bureau of the stake purchase in Japanese companies Itochu Corp , Marubeni Corp , Mitsubishi Corp, Mitsui & Co Ltd and Sumitomo Corp, the company said in a statement. (Reporting by Bhargav Acharya in Bengaluru; Editing by Himani Sarkar)

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