By: Jewish Press News Briefs
Published: October 6th, 2013
Warren Buffett has lived up to his love for Israel’s companies and his Berkshire Hathaway company has announced the acquisition of Lod-based Ray-Q Interconnect for an undisclosed sum of money. Ray-Q provides electrical interconnect solutions to military, aerospace and other industries. Financial details of the deal were not disclosed. Buffett made a splash in the United States and Israel 2008 with the $4 billion purchase of most of the Isracar a precision tool-making company and said at the time he likes Israeli companies. It completed the purchase this year with another $2 billion payment.
Read more at: http://www.jewishpress.com/news/breaking-news/buffett-buys-up-israeli-military-aerospace-supplier/2013/10/06/