Berkshire to Buy P&Gs Duracell for $4.7B of Stock

Berkshire Hathaway, led by Warren Buffett, is acquiring Duracell from Procter and Gamble. The deal involves $1.7 billion in cash and $4.7 billion in shares. This acquisition aligns with Buffett's strategy of investing in large American consumer companies, following his previous purchase of Heinz. The transaction is part of Procter and Gamble's strategy to streamline its business. The acquisition is expected to impact Procter and Gamble's stock, particularly in London trading.

Which company is Warren Buffett's Berkshire Hathaway acquiring?

• Coca-Cola

• Procter and Gamble

• Duracell

• Heinz

What is the total value of the shares involved in the Duracell acquisition?

• $6.4 billion

• $12 billion

• $1.7 billion

• $4.7 billion

What type of companies does Warren Buffett typically invest in?

• Technology startups

• Big American consumer companies

• Real estate firms

• Automobile manufacturers

How much did Warren Buffett pay for Heinz?

• $4.7 billion

• $1.7 billion

• $20 billion

• $12 billion

What is Warren Buffett's investment strategy often described as?

• Chasing unicorns

• Catching butterflies

• Fishing for minnows

• Hunting for elephants