BUZZ-Constellation Brands up after Berkshire Hathaway doubles stake

Reuters
May 16
BUZZ-Constellation Brands up after Berkshire Hathaway doubles stake

** Shares of Corona beer maker Constellation Brands STZ.N up 3.8% at $197.90 premarket

** Warren Buffett's Berkshire Hathaway BRKa.N said on Thursday it more than doubled its stake in the company

** Said stake grew to ~12 million shares worth $2.2 billion from 5.6 million shares at year end, giving Berkshire a 6.6% stake in Constellation

** Up to Thursday's close, stock has fallen ~14% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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