Menu JTA Search


  • Buffett completes purchase of Israeli company for $2 billion

    JERUSALEM (JTA) — American billionaire Warren Buffett paid $2 billion for the remaining 20 percent of the Israeli firm Iscar. Buffett had bought 80 percent of the Iscar Metalworking Company Group, in which Iscar is the main company, for $4 billion in 2006, according to Globes. The company, which makes precision carbide cutting tools and is… More ▸