Buffett-backed Chinese automaker BYD plans up to $1.9 billion placement: IFR
May 26, 2015 at 03:15 AM EDT
HONG KONG (Reuters) - Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , plans to raise up to $1.9 billion in a share offering in mainland China, IFR reported on Tuesday, citing a source familiar with the plans.