Berkshire Hathaway, the investment company controlled by billionaire Warren Buffett, may bank a $600m profit if InBev succeeds in its $46.3bn takeover of Budweiser-maker Anheuser-Busch, reports Bloomberg. Buffett’s company owned 35.56m shares of the brewer as of March 31. At the stock’s March low of $45.68, the stake was worth about $100m less than the $1.72bn Buffett paid. InBev’s $65 a share offering price would allow him to unload the investment for $2.31bn .

This entry was posted by Gwen Robinson on Wednesday, June 18th, 2008 at 5:28 and is filed under Capital markets, M&A, People. Tagged with anheuser-busch, berkshire hathaway, InBev, warren buffett. Edit this entry.