The Express has reported a possible vote of confidence in Tesco's long term fortunes today with Warren Buffett's Berkshire Hathaway fund spending around £120m upping its stake in the company.
The additional 34 million shares lifts Berkshire's stake to 3.6%.
However, Warren Buffett himself is reported as saying that the company should "look hard" at its loss making US business.
Article links:
- www.express.co.uk: BUFFETT BOOSTS TESCO
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