Workflow
Warren Buffett's Berkshire In Talks To Buy OxyChem For $10 Billion: Report
Benzinga·2025-09-30 20:41

Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) is in talks to acquire Occidental Petroleum Corp.‘s (NYSE:OXY) chemical unit, OxyChem, in a deal valued at roughly 10billion.Iffinalized,itwouldbeBerkshire′sbiggestpurchasesince2022andcouldbecompletedsoon,accordingtotheWallStreetJournal.OXYstockismoving.Seethereal−timepriceactionhere.TheDetails:Occidental,basedinHouston,isprimarilyknownforoilandgas,withamarketcapitalizationofabout10 billion. If finalized, it would be Berkshire's biggest purchase since 2022 and could be completed soon, according to the Wall Street Journal. OXY stock is moving. See the real-time price action here. The Details: Occidental, based in Houston, is primarily known for oil and gas, with a market capitalization of about 46 billion. OxyChem makes pr ...