Berkshire Hathaway to buy Occidental’s petrochemical business in all-cash deal worth $9.7 billion
Berkshire Hathaway (BRK-B, BRK-A) will buy Occidental Petroleum’s (OXY) pretrochemical business in a $9.7 billion deal. Yahoo Finance Head of News Myles Udland outlines the takeaways of the deal, specifically in the context of Berkshire CEO Warren Buffett’s upcoming retirement.
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