Warren Buffett has lived up to his love for Israel’s companies and his Berkshire Hathaway company has announced the acquisition of Lod-based Ray-Q Interconnect for an undisclosed sum of money. Ray-Q provides electrical interconnect solutions to military, aerospace and other industries. Financial details of the deal were not disclosed. Buffett made a splash in the […]
Warren Buffett’s Berkshire Hathaway is paying $2.05 billion for the remaining 20 percent of IMC International Metalworking Co, otherwise known as Isracar, completing the buyout that began with the giant $4 billion purchase of 80 percent of the company in 2006. “We are delighted to acquire the portion of the company that was retained by […]