Berkshire to Buy P&G’s Duracell for $4.7B of Stock

Nov. 13 (Bloomberg) — Berkshire Hathaway Inc. agreed to buy the Duracell battery business from Procter & Gamble Co. in a stock swap as Chairman Warren Buffett narrows his company’s equity portfolio and extends a bet on operating businesses. Bloomberg “Money Clip” Host Olivia Sterns reports. (Source: Bloomberg)

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