UPDATE 2-Buffett unit buys stake in HK battery firm BYD

Newswire

(Adds bylines, analyst comment, background) By Ilaina Jonas and Polly Yam NEW YORK/HONG KONG, Sept 26 (Reuters) - MidAmerican Energy Holdings Co, a unit of U.S. billionaire investor Warren Buffett's Berkshire Hathaway Inc , said it would pay $230 million for a 10 percent stake in Chinese rechargeable battery firm BYD Co Ltd to support its 'green' technologies. The deal gives MidAmerican a foothold in the Hong Kong-listed company which is developing electric-hybrid cars it expects to ...

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