Berkshire Hathaway unit wins 643 mln euro award over ‘fraudulent’ German pipemaker purchase
Precision Castparts Corp, a
unit of Warren Buffett’s Berkshire Hathaway Inc, has
been awarded 643 million euros ($700 million) in arbitration for
having been fraudulently induced to buy a German maker of pipes
and fittings.
unit of Warren Buffett’s Berkshire Hathaway Inc, has
been awarded 643 million euros ($700 million) in arbitration for
having been fraudulently induced to buy a German maker of pipes
and fittings.
Posted by Reuters
