Warren Buffett expands his bet on Israeli manufacturer International Metalworking - also known...

|By:, SA News Editor

Warren Buffett expands his bet on Israeli manufacturer International Metalworking - also known as Iscar - with Berkshire Hathaway (BRK.B) agreeing to pay $2.05B for the 20% of the company it doesn't already own. Buffett counts Iscar as among his "powerhouse five" non-insurance operations. Other members are Marmon, Burlington Northern, Lubrizol, and MidAmerican.