Berkshire Hathaway is in advanced talks to acquire Occidental Petroleum's petrochemical business, OxyChem, for approximately $10 billion, marking its largest acquisition since 2022.
Berkshire Hathaway is buying Occidental Petroleum’s chemical division in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett.
Berkshire Hathaway today announced it has signed an agreement to acquire Occidental Petroleum Corporation’s petrochemical subsidiary, OxyChem, for approximately $9.7 billion in cash.
Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be one of the last big deals of Warren Buffett.Buffett wasn’t mentioned anywhere in materials released by Berkshire Hathaway on Thursday, seemingly signaling the passing of the torch to Greg Abel.
Warren Buffett announced his biggest deal in years with Berkshire Hathaway's $9.7 billion acquisition of Occidental Petroleum's chemical division. The purchase of OxyChem could be Buffett’s last big deal before he gives up the CEO title in January.
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.
Berkshire Hathaway struck a $9.7 billion all-cash deal to buy OxyChem, the petrochemical division of Occidental Petroleum, in the largest acquisition by Warren Buffett’s conglomerate since 2022.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Berkshire Hathaway to buy Occidental's OxyChem for $9.7B | Since Then
