Core Viewpoint - Warren Buffett announced Berkshire Hathaway's largest transaction in years, acquiring Occidental Petroleum's chemical division OxyChem for $9.7 billion [1] Group 1: Transaction Details - The acquisition of OxyChem may be Buffett's last major deal before he hands over the CEO position to Vice Chairman Greg Abel in January [1] - Berkshire's cash reserves have steadily increased over the years, with no significant acquisitions since the $11.6 billion purchase of Alleghany Insurance in 2022 due to inflated prices from increased hedge fund activity [1] Group 2: OxyChem Overview - OxyChem primarily produces chlorine for water treatment, vinyl chloride for plastic production, calcium chloride for road de-icing, and various other chemicals [1] - The business aligns well with Berkshire's Lubrizol, acquired for $9 billion in 2011, although Berkshire typically does not integrate its subsidiaries, suggesting OxyChem will likely operate independently [1]
伯克希尔将以97亿美元收购西方石油旗下OxyChem化工部门