Buffett's Berkshire Hathaway Eyes Occidental's OxyChem in $10 Billion Deal

Warren Buffett’s Berkshire Hathaway - which we have been following and watching take, then increase its stake in Occidential Petroleum for years - has finally tipped its hand at what it's end game with the company could be. While many had speculated Buffett would eventually take all of Occidental private, Berkshire is instead in advanced talks to buy Occidental's petrochemical business, OxyChem, for about $10 billion, according to the Wall Street Journal. A deal could be finalized within days and would mark Berkshire’s largest acquisition…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com