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THE WHAT? Warren Buffet’s Berkshire Hathaway has dissolved its stake in Procter & Gamble, in line with a report revealed by Nasdaq quoting a regulatory submitting as its supply.
THE DETAILS The funding automobile has swopped out its shares within the producer of Olay for a stake in Taiwan Semiconductor Manufacturing Co, the submitting confirmed.
THE WHY? The US$4 billion buy makes Taiwan Semiconductor the tenth largest holding in Berkshire Hathaway’s portfolio, Forbes stories.
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