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Berkshire Hathaway to invest an additional $330 million in Bending Spoons

Barrons.com +4 ·

BSP
BSP Bending Spoons S.p.A
$37.86 +2.21%
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  1. 1Berkshire Hathaway has agreed to invest an additional $330 million in Bending Spoons.
  2. 2This investment secures a 4% stake in Bending Spoons.
  3. 3Bending Spoons will issue 10 million shares of common stock to Berkshire at $33 per share.

So what's the key point?

Berkshire Hathaway decided to invest an additional $330 million in Bending Spoons. This decision means they now own 4 percent of the company's shares.

Source Barrons.com +4 · View original ↗

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