Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit

The Wall Street JournalTuesday, September 30, 2025 at 7:49:00 PM
Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit
Berkshire Hathaway, led by Warren Buffett, is on the verge of announcing a significant deal worth nearly $10 billion for Occidental's petrochemical unit. This potential acquisition marks a major move for Buffett's conglomerate, indicating confidence in the energy sector and a strategic expansion into petrochemicals. Such a deal could reshape Berkshire's portfolio and highlight Buffett's ongoing commitment to investing in industries with strong growth potential.
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