Berkshire's (BRK.A) General Re is apparently interested in buying Tong Yang Life Insurance to...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

Berkshire's (BRK.A) General Re is apparently interested in buying Tong Yang Life Insurance to tap into the promising South Korean market. Tong Yang's majority stakeholder Vogo Fund is looking to sell its 60.7% stake worth ~937B won ($808.7M), and General Re has reportedly signed a confidentiality agreement to participate in the deal.