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Warren Buffett buying battery maker Duracell

November 13, 2014 18:20 PM UTC
- Updated November 05, 2019 15:58 PM UTC

Berkshire Hathaway, owned by Warren Buffett, is buying Duracell for $4.7 billion worth of stock from Proctor & Gamble. P&G will also recapitalize Duracell with $1.7B before the transaction is complete.