Berkshire Hathaway CEO Greg Abel said in an interview in Tokyo that he was keen to increase the company’s holdings in Japan’s five major trading houses. He indicated plans to use the trading houses’ networks to accelerate business investments and M&A jointly.
Greg Abel, CEO of US investment firm Berkshire Hathaway, told Nikkei in an interview in Tokyo that he was keen to increase the company’s holdings in Japan’s five major trading houses and would use their networks to pursue business investments jointly. He also indicated an intention to accelerate mergers and acquisitions (M&A).
Abel made clear his policy of positioning Japanese companies not only as equity investment targets but also as important business partners, with the aim of achieving growth. He became CEO after the CEO changed from Warren Buffett to Greg Abel.