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Tuesday, August 22, 2006

Berkshire Hathaway's Bets on Sanofi & Lexmark

By Yaser Anwar, CSC of Equity Investment Ideas

Berkshire Hathaway Inc. bought shares of French drug maker Sanofi-Aventis and appeared to have sold shares in Lexmark International Inc., a printer maker and imaging company.

In a securities filing listing its top stock holdings, Berkshire reported owning 488,500 American depositary receipts of Sanofi-Aventis as of June 30.

Berkshire, the Omaha, Neb., holding company run by multibillionaire Warren Buffett, didn't report owning the stock in a filing covering the three months ended March 31.

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