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Berkshire Hathaway Inc May Boost DaVita HealthCare Partners Inc Stake To 25%-Reuters


Tuesday, 7 May 2013 06:22pm EDT 

Reuters reported that Berkshire Hathaway Inc, the investor in DaVita HealthCare Partners Inc, has entered an agreement allowing it to nearly double its stake in the U.S. operator of dialysis clinics to 25%. According to a regulatory filing, the companies on Tuesday entered a standstill agreement, which is often used to prevent unsolicited takeovers, indicating the maximum percentage of shares that Berkshire can own. Berkshire owned about 15 million DaVita shares, or 14.2%, as of March 4, according to another regulatory filing. 

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10:57am EDT