Berkshire Hathaway Builds 4% Stake in Bending Spoons
Dow Jones2026/10/14 13:36By Colin Kellaher
Berkshire Hathaway holds a 4% stake in Bending Spoons after making a fresh $330 million investment in the serial acquirer of digital-subscription and software companies.
Bending Spoons on Wednesday said Berkshire's latest purchase comes after the conglomerate invested $600 million in the Milan-based company's July initial public offering.
Bending Spoons said it is selling 10 million shares at $33 apiece to Berkshire in a private placement, a nearly 13% discount to Tuesday's closing price of $37.86.
Shares of Bending Spoons shot up 20% to $45.45 in early trading Wednesday
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 14, 2026 09:36 ET (13:36 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
2 Banking Giants Make Major Crypto Moves as Schwab and Deutsche Bank Expand Into Digital Assets

Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report

AVAX falls below $10

Bitcoin on Track for $10,000 if S&P 500 Drops 20%, Bloomberg Strategist Insists
