Business & Finance · October 14, 2026
Berkshire Hathaway Builds 4% Stake in Bending Spoons
Berkshire Hathaway has increased its ownership in the Italian technology company Bending Spoons to 4% following a new $330 million investment. This follows an initial $600 million investment made during the company's IPO in July 2026. The deal involves the issuance of 10 million ordinary shares at $33 per share, intended to provide Bending Spoons with additional financial flexibility for its ongoing mergers and acquisitions strategy. Following the disclosure of the investment in securities filings, Bending Spoons' shares rose significantly. This move marks a notable early decision under the leadership of Berkshire Hathaway's new CEO, Greg Abel.
Read the original coverage
- CNBCMainstream
Bending Spoons skyrockets 41% as Berkshire Hathaway makes $330 million investment
Read at CNBC ↗ Berkshire Hathaway Builds 4% Stake in Bending Spoons
Read at Wall Street Journal ↗Bending Spoons Stock Soars on Berkshire’s Increased Stake
Read at Bloomberg Markets ↗
Reported by multiple outlets
- Berkshire Hathaway invested $330 million in Bending Spoons.
- The investment brings Berkshire's total stake in Bending Spoons to 4%.
- Bending Spoons issued 10 million ordinary shares to Berkshire at $33 per share.
- Berkshire previously invested $600 million in Bending Spoons in July 2026.
- Bending Spoons is an Italy-based company listed on the Nasdaq.
- Greg Abel is the current CEO of Berkshire Hathaway.
- Bending Spoons shares rose 35% following the news.
Industry-friendly coverage frames it as…
The coverage frames the investment as a 'vote of confidence' in Bending Spoons' platform and its ability to execute an aggressive M&A strategy. It highlights the 'financial flexibility' the deal provides for future growth.
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