(Bloomberg) -- Shares of Zurich Financial Services AG rose to the highest in more than five years on speculation Warren Buffett's Berkshire Hathaway Inc. may bid for Switzerland's largest insurer.
Zurich Financial stock climbed as much as 12 francs, or 3.3 percent, to 376.5 francs, the highest since August 2001. They were trading at 373.75 francs by 9:55 a.m. in Zurich, boosting the company's market value to 54 billion francs ($44 billion).
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