Berkshire Hathaway Q3 results: Profit jumps 17% to .8 bn as Buffett readies exit; Greg Abel set to take charge amid 1 bn cash pile – The Times of India

Berkshire Hathaway Q3 results: Profit jumps 17% to $30.8 bn as Buffett readies exit; Greg Abel set to take charge amid $381 bn cash pile – The Times of India

Warren Buffett’s Berkshire Hathaway reported a 17% rise in quarterly profit, boosted by a rebound in its insurance operations and gains from investments, even as the legendary investor prepares to hand over the reins to Vice Chair Greg Abel in January, AP reported.The company said on Saturday that it earned $30.8 billion, or $21,413 per…

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Berkshire Hathaway to acquire OxyChem for .7 billion: Last major deal under Warren Buffett’s leadership? What we know – The Times of India

Berkshire Hathaway to acquire OxyChem for $9.7 billion: Last major deal under Warren Buffett’s leadership? What we know – The Times of India

Warren Buffett-owned Berkshire Hathaway is set to acquire Occidental Petroleum’s chemical division, OxyChem, for $9.7 billion, marking possibly the last major deal under the billionaire investor who owns the firm, set to retire by year-end.Notably, Buffett’s name was absent from Thursday’s announcement materials, as reported by Associated Press, suggesting a transition of leadership to Vice…

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Buffett nears  billion deal to buy OxyChem – The Times of India

Buffett nears $10 billion deal to buy OxyChem – The Times of India

Warren Buffett’s Berkshire Hathaway is nearing a deal to acquire Occidental Petroleum’s petrochemical business for about $10 billion, a person familiar with the matter said. It would be Berkshire’s largest deal since its acquisition of Alleghany in 2022 for $13.7 billion. Representatives for Occidental and Berkshire didn’t reply to messages seeking comment. Wall Street Journal…

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