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News about Berkshire Hathaway
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Business · United StatesWarren Buffett’s Berkshire Hathaway is in talks to buy Occidental Petroleum’s petrochemical business for around $10 billion, according to people familiar with the matter. The deal, which would be Berkshire’s largest since 2022, could come together within days, the people said.
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Warren Buffett's Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit, WSJ Reports
62% Center coverage: 16 sources
Warren Buffett · United StatesBy Jordan Valinsky, CNN New York (CNN) — Berkshire Hathaway, the Warren Buffett-owned conglomerate, has announced its biggest deal in three years with the planned acquisition of OxyChem for $9.7 billion. This will be Buffett’s biggest deal since he paid $11.6 billion for Alleghany, an insurance company, in 2022. Buffett, 95, recently announced he was stepping down as CEO at the end of the year. OxyChem is the chemical business of Occidental, in …See the Story
Warren Buffett’s Berkshire Hathaway Set to Make Its Biggest Deal in Three Years
72% Center coverage: 7 sources
