Buffett maintains stake in Teva – Berkshire Hathaway still holds 43.2 million shares in Teva with a current value of $778 million. | Globes
Exactly one year ago, Teva Pharmaceutical Industries Ltd.’s (NYSE: TEVA; TASE: TEVA) share price surged after it was learned that Berkshire Hathway, controlled by legendary investor Warren Buffett, had become a shareholder in the drug company. Although Buffett told CNBC two weeks later that he had not been involved in the investment, it was reported in the following quarter that Buffett’s company had doubled its investment in Teva, and the share price shot up again.
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