Berkshire Hathaway builds $620mn stake in Markel, halts Marsh sell-off in Q1
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Berkshire Hathaway builds $620mn stake in Markel, halts Marsh sell-off in Q1

Jairo Ibarra
May 16, 2022
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Berkshire Hathaway has built a position in Markel through the acquisition of roughly 420,000 shares, or just over 3% of the carrier’s total shares outstanding, worth around $620mn, according to a Securities and Exchange Commission filing.

During the first quarter of the year, Markel stock traded up almost 30% to $1,504 per share, but since March 31 the share price has gone down slightly to $1,325.

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Topics

News Stocks Berkshire Hathaway Aon Marsh McLennan Markel
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Jairo Ibarra
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