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Warren Buffett Offered Uber a $3 Billion Investment, But Talks Fell Apart

Warren Buffett progressing this year offering to deposit $3 billion in Uber Technologies Inc., though a dual sides couldn’t determine on a terms, according to a chairman informed with a matter.

The talks between Mr. Buffett’s Berkshire Hathaway Inc. and Uber, reported progressing by Bloomberg News, came on a heels of a multibillion investment in a ride-hailing organisation by SoftBank Group Inc. In January, a Japanese organisation invested $1.25 billion directly in Uber during around a $70 billion valuation, and bought another $6.5 billion value of…

Article source: https://www.wsj.com/articles/warren-buffett-offered-uber-a-3-billion-investment-but-talks-fell-apart-1527720957

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