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Warren Buffet Sells POSCO Stake: Media Reports

Warren Buffet Sells POSCO Stake: Media Reports

SEOUL, April 1 (Korea Bizwire) — Berkshire Hathaway, led by U.S. billionaire investor Warren Buffet, has sold its entire stake in POSCO, local media reported Wednesday, raising speculation that the sell-off might have been prompted by concerns over the South Korean steelmaker’s cloudy business outlook. Maeil Business Newspaper and other local media reports showed that [...]