Buffett Sells PetroChina Shares Near Record Price
Buffett Sells PetroChina Shares Near Record Price
(via www.bloomberg.com)
Bloomberg article on Berkshire's sale of some of its PetroChina stake. Apparently, the amount of shares sold was very small - only about $27 million worth of stock out of a position worth around $3.3 billion. Berkshire paid $488 million for its ownership of roughly 1% of the company. The Chinese government is PetroChina's majority owner.

