Core Insights - Berkshire Hathaway has agreed to acquire Occidental Petroleum's OxyChem segment for $9.7 billion, with the transaction expected to close in Q4 2025 [1][5]. Group 1: Acquisition Details - OxyChem produces standardized chemicals used in various applications, including water treatment, pharmaceuticals, and construction [2]. - The chemicals manufactured by OxyChem include chlorine, caustic soda, polyvinyl chloride, and ethylene [2]. - Occidental's other subsidiary will retain OxyChem's legacy environmental liabilities, while Glenn Springs Holdings will manage existing remedial projects [3]. Group 2: Strategic Implications - The acquisition enhances Occidental Petroleum's financial position, allowing the company to concentrate on its core oil and gas business and pursue further development and acquisitions [5]. - OxyChem has been recognized as a well-managed business with skilled employees, and there is confidence in its continued success under Berkshire Hathaway's ownership [6]. Group 3: Operational Footprint - OxyChem operates manufacturing plants at 21 domestic sites across various states in the U.S. and at two international locations in Canada and Chile [6].

Group 1 - Berkshire will acquire the chemical business in an all-cash transaction [1]

来源：滚动播报 西方石油盘前股价上涨2.3%。此前该公司将以97亿美元的价格把OxyChem部门出售给伯克希尔·哈撒 韦。 ...

Core Insights - Occidental has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies, and midstream and marketing functions [1] - Jackson's leadership is expected to enhance shareholder value and advance the company's low-cost global resource opportunities [2][3] Leadership and Experience - Richard A. Jackson has a proven track record in growing U.S. onshore oil and gas operations and launching low-carbon technologies [2] - Prior roles include President and General Manager of the Permian Delaware Basin and leadership in Oxy Low Carbon Ventures, focusing on emissions measurement and carbon utilization [5] Company Overview - Occidental is a major international energy company with significant assets in the U.S., Middle East, and North Africa, and is one of the largest oil and gas producers in the U.S. [7] - The company is committed to advancing a lower-carbon world through its Oxy Low Carbon Ventures subsidiary, which focuses on innovative technologies and business solutions [7]

Core Viewpoint - Berkshire Hathaway is set to acquire Oxychem for $9.7 billion [1] Company Summary - The acquisition price of $9.7 billion indicates a significant investment by Berkshire Hathaway in the chemical sector [1] Industry Summary - This acquisition reflects Berkshire Hathaway's strategy to expand its portfolio in the chemical industry, potentially enhancing its market position and operational capabilities [1]

Occidental Petroleum said on Thursday it would sell its petrochemical division to Warren Buffett's Berkshire Hathaway for $9.7 billion, as the U.S. oil and gas producer looks to pare debt. ...

Core Viewpoint - Berkshire Hathaway has reached a deal to acquire Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 billion in cash, marking its largest acquisition since 2022 [1][4]. Group 1: Acquisition Details - The acquisition of OxyChem is valued at $9.7 billion, which is Berkshire's largest deal since it purchased insurer Alleghany for $11.6 billion in 2022 [1]. - Berkshire Hathaway currently holds a record cash reserve of $344 billion, providing ample liquidity for this acquisition [1]. - The deal is expected to close in the fourth quarter of the year [4]. Group 2: Stake and Strategy - Berkshire Hathaway is already a significant investor in Occidental, holding a 28.2% stake as of the end of June [2]. - Warren Buffett began acquiring Occidental shares in 2022, capitalizing on market volatility to purchase at lower prices [2]. Group 3: OxyChem Operations and Financial Strategy - OxyChem specializes in manufacturing water treatment, healthcare, and other commercial chemicals [3]. - Occidental plans to utilize $6.5 billion of the proceeds from the sale to reduce its debt [3]. - Greg Abel, Vice Chairman of Non-Insurance Operations at Berkshire, expressed optimism about integrating OxyChem as a subsidiary and highlighted Occidental's commitment to long-term financial stability [4].

Core Viewpoint - Berkshire Hathaway, led by renowned investor Warren Buffett, is set to spend $10 billion to acquire a subsidiary of Occidental Petroleum, marking its largest acquisition since 2022 [1][3]. Group 1: Acquisition Details - Berkshire Hathaway plans to invest $10 billion (approximately 71.2 billion RMB) to acquire a subsidiary of Occidental Petroleum [1]. - If the deal is finalized, it will represent Berkshire's highest acquisition amount since 2022 [1]. - Berkshire Hathaway has increased its stake in Occidental Petroleum multiple times in recent years, currently holding over 28% of the company's shares [3]. Group 2: Company Background - Occidental Petroleum was established in 1920 and is headquartered in Texas, USA, with business operations spanning oil and gas exploration, chemicals, coal, and low-carbon energy [5]. - Following the acquisition news, Occidental Petroleum's stock price rose by 0.99% on October 1, closing at $47.72 per share [5].

美国媒体CNBC援引《华尔街日报》报道，美国知名投资人巴菲特旗下的伯克希尔-哈撒韦公司正在耗 资100亿美元，收购西方石油公司旗下的一家子公司。若交易最终达成，这将是伯克希尔自2022年以来 金额最高的一笔收购。据悉，伯克希尔-哈撒韦近年已多次增持西方石油的股票，目前持股比例超过 28%。尽管已获准最高收购其50%的股权，但巴菲特明确表示，无意完全控股该公司。受此收购消息推 动，其股价在10月1日上涨0.99%，收于每股47.72美元。（央视财经） ...

格隆汇10月2日｜美国媒体CNBC援引《华尔街日报》称，美国知名投资人巴菲特旗下的伯克希尔-哈撒 韦公司正在耗资100亿美元，收购西方石油公司旗下的一家子公司。若交易最终达成，这将是伯克希尔 自2022年以来金额最高的一笔收购。据悉，伯克希尔-哈撒韦近年已多次增持西方石油的股票，目前持 股比例超过28%。尽管已获准最高收购其50%的股权，但巴菲特明确表示，无意完全控股该公司。受此 收购消息推动，其股价在10月1日上涨0.99%，收于每股47.72美元。 ...