Warren Buffett buys German apparel label
Warren Buffett’s investment vehicle, Berkshire Hathaway Inc., said on Friday it had agreed to buy German motorcycle apparel and accessories retailer Detlev Louis Motorrad-Vertriebs GmbH for a little more than 400 million euros. Ute Louis, the widow of company’s founder Detlev Louis, had approached Berkshire about a possible transaction and sold...
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