Warren Buffett investment pleases Lanxess
31/05/2017
“We can confirm that General Re, a Berkshire Hathaway Company, has invested in a 3% stake in Lanxess,” the German company said in a statement.
On making the statement, Lanxess chief executive, Matthias Zachert, said: “Lanxess is clearly focused on value enhancement. The realignment of our company is paying off and is the foundation for further growth and higher profitability. We are pleased if investors express their belief in our strategy by investing in our company.”
Share this story:
