Buffett lowers his stake in Tesco by a fifth

22nd Oct 2013 09:17

US billionaire Warren Buffett's Berkshire Hathaway last week slashed its stake in the world's number three retailer, British grocer Tesco, by about one-fifth, or 300m pounds (484.75m dollars), according to a US stock market filing on Monday.As of 09:18 shares of Tesco were higher by 0.09% to 372.55p. AB

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