Warren Buffett’s Berkshire Hathaway May Have Scored a ‘Genius’ Win-Win in $10 Billion Acquisition that Could Mark the Last Big Deal of His Career

Berkshire Hathaway to pay $9.7B for OxyChem

Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be one of the last big deals of Warren Buffett. Buffett wasn’t mentioned anywhere in materials released by Berkshire Hathaway on Thursday, seemingly signaling the passing…

This Top Warren Buffett Stock Is Making a Game-Changing Deal @themotleyfool #stocks $OXY $BRK.A $BRK.B

Key PointsOccidental Petroleum is selling its OxyChem subsidiary to Berkshire Hathaway. The oil company will use most of the proceeds to shore up its balance sheet. The deal will sharpen Occidental's focus on growing its oil and gas business. 10 stocks we like better than Occidental Petroleum › Warren Buffett has long held Occidental Petroleum (NYSE: OXY) and its CEO, Vicki Hollub, in high regard. His trust in Hollub led Buffett's company to inv…

Warren Buffett’s Berkshire Hathaway may have scored a ‘genius’ win-win in $10 billion acquisition that could mark the last big deal of his career

Berkshire Hathaway gets a strong stand-alone business, while parent Oxy will get plenty of cash to pay down debt.

Occidental Stock: Berkshire's OxyChem Play Is A Win-Win Setup (NYSE:BRK.B)

OXY may sell OxyChem to Berkshire Hathaway for $10B, impacting debt and diversification. See the deal’s risks and if now is the time to hold or invest.

Warren Buffett Just Give Occidental Petroleum a HUGE $10 Billion Boost. Should You Buy OXY Stock Here?

Buffett’s $9.7B OxyChem deal trims Occidental’s debt, but investors question if losing steady cash flow leaves OXY too oil-dependent.

Berkshire Hathaway Inc. to acquire OxyChem

Berkshire Hathaway and Occidental have announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for US$9.7 billion.