1 Ekim 2012 Pazartesi

THE ECONOMIC TIMES: Warren Buffett buys additional 282,403 shares in DaVita

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Warren Buffett has bought an additional 282,403 shares of DaVita Inc, the largest operator of dialysis clinics in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday.

Berkshire Hathaway bought the shares in multiple transactions at prices ranging from $100.42 to $103.76 between Sept. 26 and 28.

Berkshire Hathaway now owns 10.2 million shares in DaVita.

Warren Buffett's conglomerate, Berkshire Hathaway Inc, now owns morethan 10 percent of dialysis clinic operator DaVita Inc after adding ttsposition at the end of last month, according to a filing with the U.S.Securities and Exchange Commission on Monday.


DaVita was alongtime favorite of Ted Weschler, the fund manager Buffett hired in2011 to help oversee Berkshire's investment portfolio. Berkshire beganbuilding a stake in the company roughly around the time Weschler washired.

Berkshire added another 282,403 shares last week forbetween $100.42 and $103.76 each, the filing indicated. It now holdsabout 10.2 million DaVita shares, for a stake of about 10.8 percent ofthe company, nearly twice that of the next-largest holder.

The majority of the investment is held by Berkshire auto insurance unitGeico, with the rest held by the pension plans of various subsidiaries,according to the filing.

DaVita shares closed at $103.61 onFriday. Berkshire first disclosed a position in the company on Feb. 14;the stock is up 22 percent since then.


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