Berkshire Hathaway Invest $330 Million in Bending Spoons

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Berkshire Hathaway has agreed to invest $330 million in Italian digital conglomerate Bending Spoons through a private stock placement. Bending Spoons shares rose 40% to $52.88 after the investment was announced.

Berkshire Hathaway has agreed to invest $330 million in Italian digital conglomerate Bending Spoons in a private placement of stock, providing a boost to investor confidence in Bending Spoons. Shares of the Italian company leapt 40% to $52.88 on Wednesday. That share price is well above the $33 ...