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Berkshire Hathaway stock: OxyChem deal closes as investors size up the Abel era
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Berkshire Hathaway stock: OxyChem deal closes as investors size up the Abel era
NEW YORK, Jan 4, 2026, 14:01 ET — Market closed Berkshire Hathaway said on Friday it completed its acquisition of Occidental Petroleum’s chemicals business OxyChem, a $9.7 billion all-cash deal that adds a major plastics and industrial chemicals producer to the conglomerate. Business Wire The timing matters. Berkshire is entering 2026 with investors focused on how the company puts money to work after a long stretch of sitting on cash and trimmin…
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