Business · Companies · 4 hrs ago
Berkshire Hathaway invests another $330 million in Bending Spoons
Berkshire Hathaway is investing another $330 million in Bending Spoons, an Italian technology company based in Milan.
It will buy 10 million newly issued shares at $33 each, raising its stake to 4%.
Berkshire had already invested $600 million when Bending Spoons went public in July.
Bending Spoons buys established technology companies and reorganizes them to improve their profitability.
Its portfolio includes AOL, Vimeo, Evernote, WeTransfer and Airtable.
The new investment gives the company more financial flexibility for acquisitions, as it continues to expand its portfolio.
The share sale still depends on the usual conditions for completing the deal, and Bending Spoons says it is reviewing further acquisition opportunities.
Berkshire Hathaway will invest another $330 million in Italian technology company Bending Spoons.
The investment is for 10 million newly issued ordinary shares priced at $33 each, through a private placement.
The deal will raise Berkshire’s stake in Bending Spoons to 4%; it remains subject to customary closing conditions.
Berkshire had invested $600 million when Bending Spoons went public in July, bringing its total investment to $930 million.
Bending Spoons shares rose after the announcement, with reports of gains ranging from 35% to more than 50%.
- Who
- Berkshire Hathaway and Bending Spoons.
- What
- Berkshire plans to invest another $330 million for 10 million newly issued shares, raising its stake to 4%.
- When
- Announced on October 14, 2026. The transaction remains subject to customary closing conditions.
- Where
- Bending Spoons is based in Milan; its shares trade on Wall Street.
- Why
- The investment gives Bending Spoons more financial flexibility for acquisitions.
This story does not have two clearly opposing sides.
Berkshire invested $600 million in Bending Spoons when the company went public.
Bending Spoons announced a private placement of 10 million ordinary shares to Berkshire at $33 per share.
Bending Spoons shares rose, with outlets reporting gains ranging from 35% to more than 50%.
- Additional investment
- $330 million
- Shares to be issued
- 10 million ordinary shares
- Price per share
- $33
- Berkshire’s resulting stake
- 4%
- Berkshire’s total investment
- $930 million
- Bending Spoons headquarters
- Milan
4 sources
버크셔 3억달러 쐈다…단숨에 46% 폭등한 종목
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What people are saying
Bending Spoons constantly evaluates M&A opportunities, and our pipeline of potential deals remains strong.
For decades, Berkshire Hathaway has been one of the best and most respected investors in the world and has long been a source of inspiration for Bending Spoons.