Target For Warren Buffet?28 Jun 2012 16:24
AMERICANS TARGET BRITISH BUSINESSES
As well as being the world's biggest can-maker for food and drinks, Rexam also supplies plastic packaging to the health-care, pharmaceutical, personal care, and household care markets. When I last reviewed Rexam's results in February 2011, I gave this dull company a big thumbs-up.
With a market value of 3.6 billion pounds, I believe this FTSE 100 firm would be an ideal meal for Berkshire Hathaway, investing genius Warren Buffett's conglomerate. Buffett loves market leaders in boring businesses (he has bought brick, carpet, and roofing companies), so I'm certain Rexam would be an ideal piece to add to Buffett's jigsaw.
Source:
http://www.dailyfinance.com/2012/06/21/americans-target-british-businesses/