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Saturday, December 29, 2007

Berkshire to buy ING Group unit

Hi,
Berkshire Hathaway had agreed to buy the agreed to buy the NRG NV reinsurance unit of ING Group NV for 300 million euros. This is Mr. Warren Buffett second acquisition after Christmas. ING Group is a global financial services company of Dutch origin with 150 years of experience, providing a wide array of banking, insurance and asset management services in over 50 countries. For more information of ING Group visit their website. Mr. Buffett likes insurance company and his company main business is insurance. Here is the full story cover by Reuters.

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