Berkshire Hathaway OxyChem Deal: Buffett’s $9.7 Billion Acquisition Signals New Era Before Exit
OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway announced Thursday it reached an agreement to purchase Occidental Petroleum’s petrochemical division, OxyChem, for $9.7 billion in cash marking the conglomerate’s largest acquisition since 2022 and one of Buffett’s final major deals before stepping down as CEO. The transaction reflects Berkshire’s confidence in the industrial and chemical sectors … Read more


