Feb. 17 (Bloomberg) -- Berkshire Hathaway Inc. cut stakes in Johnson & Johnson, the world’s largest maker of health-care products, and Procter & Gamble Co., the No. 1 consumer-products company, as Chairman Warren Buffett raised cash for the biggest acquisition of his career.

Buffett’s company sold 26 percent of its stake in Johnson & Johnson, 9 percent of its Procter & Gamble, and 34 percent of oil producer ConocoPhillips, the Omaha, Nebraska-based company said yesterday in a regulatory filing. The stocks were the same ones Buffett sold a year earlier to fund investments in Goldman Sachs Group Inc. and General Electric Co. at the height of the credit crisis in 2008.   More Information ........