Bending Spoons shares rise sharply after Berkshire Hathaway agrees to invest an additional $330 million in the Milan-based company. Reported gains range from about 35% to as much as 55% in early trading, reflecting strong market reaction to the new funding.
The investment is structured as a private placement and increases Berkshire’s ownership stake in Bending Spoons to about 4%. Multiple outlets note that the deal follows Berkshire’s prior $600 million investment related to Bending Spoons’ July IPO. While the specific price and trading figures vary by outlet, the shared focus is on Berkshire increasing its position and the added capital that could support Bending Spoons’ plans, including potential acquisitions.
