News Artcle

Berkshire Hathaway, CaixaBank Agree to Reinsurance Deal

Published November 30, 2012

Berkshire Hathaway will pay CaixaBank €600 million ($778.7 million) for the future cash flow from a portfolio of life insurance policies, the Barcelona-based bank said, a rare dip into a fiscally stressed euro-zone country for the investment firm run by Warren Buffett.

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