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Berkshire Hathaway Nears $10 Billion Deal to Acquire Occidental’s Chemical Unit

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Source: CNN
Berkshire Hathaway Nears $10 Billion Deal to Acquire Occidental’s Chemical Unit
Photo: CNN
TL;DR

Berkshire Hathaway, led by Warren Buffett, is set to acquire OxyChem for $9.7 billion, marking its largest deal in three years, with the purchase primarily aimed at reducing Occidental's debt and expanding its chemical business.

Topics:business#acquisition#berkshire-hathaway#business#occidental#oxychem#warren-buffett
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  1. Warren Buffett’s Berkshire Hathaway set to make its biggest deal in three years  CNN
  2. Berkshire buys OxyChem, EV sales hit records, Amazon's grocery push and more in Morning Squawk  CNBC
  3. As Warren Buffett Rumors Swirl, Occidental Petroleum Stock Just Formed a Golden Cross Pattern  Yahoo Finance
  4. Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal
  5. Berkshire to Buy Occidental’s Chemical Unit for $9.7 Billion  Bloomberg.com

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