Berkshire Hathaway, led by Warren Buffett, has acquired the petrochemical division OxyChem from Occidental Petroleum for $9.7 billion, the largest transaction for the company in the last three years.
Ana Maria Eftene
International
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Of this amount, 6.5 billion will be used by Occidental to reduce debt. This move strengthens Berkshire's position in the energy sector, reflecting Buffett's confidence in Occidental, despite the challenges in the market.
Sources
Miliardarul Warren Buffett cumpără cu 9,7 miliarde de dolari OxyChem
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Warren Buffet se pregătește să spargă pușculița pentru cea mai mare tranzacție a companiei sale din ultimii 3 ani
Warren Buffett vizează, se pare, cea mai mare tranzacție a Berkshire Hathaway din ultimii trei ani
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