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Home Capital to get $1.5 billion loan from Berkshire Hathaway – CNBC

Home Capital to get $1.5 billion loan from Berkshire Hathaway – CNBC

Home Capital said billionaire Warren Buffett’sBerkshire Hathaway will provide a new C$2 billion ($1.50 billion) line of credit to its unit Home Trust Co., ending the Canadian lender’s strategic review process. Berkshire will also indirectly buy C$400 million of Home Capital’s common shares in a private placement through its unit ...

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