Don't expect Berkshire Hathaway and Munich Re to merge says Wall Street
Berkshire Hathaway's announcement that they had upped their shareholding in Munich Re won't lead to a takeover of the German reinsurance giant, analysts have said.
Analysts at JP Morgan said: "We believe this move is a portfolio investment, not a strategic investment. That is we believe that at this stage there is no intention of building up a controlling stake
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