(EnergyAsia, November 7, Friday) — MidAmerican Energy Holdings Company, a Berkshire Hathaway Inc subsidiary, has paid HK$1.8 billion for 225 million shares of Hong Kong-listed rechargeable battery producer BYD Company Limited. The shares represent roughly 10% of BYD’s shares on the Hong Kong stock exchange. BYD researches, develops, manufactures and sells rechargeable batteries (Li-ion, Nickel…
CHINA: Berkshire Hathaway’s MidAmerican buys into rechargeable battery BYD Company Limited
Posted on November 6, 2008 by EnergyAsia