Berkshire exploring IRB stake acquisition: reports

Berkshire Hathaway is in talks with IRB Brasil Resseguros about
buying a minority stake in the Brazilian reinsurer after it goes
public later this month, Bloomberg reported today.
IRB published a prospectus earlier in July for a listing of over
a fifth of its shares, with the proposed raising in the region of
$600mn. The carrier was Brazil's monopoly reinsurer until
2007.
Bloomberg has linked Berkshire Hathaway subsidiary
General Re with the deal.
IRB is currently 27 percent owned by...