Buffett buys Duracell

Duracell, the maker of gold and black batteries made famous by its bunny adverts, has been snapped up by billionaire US investor Warren Buffett.
In a deal worth around US$3bn, Mr Buffett’s fund Berkshire Hathaway has agreed a deal to buy Duracell from consumer products giant Procter & Gamble, which has owned the brand since 2005.