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Occidental Petroleum CEO: $9.7B Berkshire-OxyChem deal brings forward value to our shareholders
CNBC Televisionยท 2025-10-02 12:21
Well, it's official. Bergkshire Hathway is acquiring accidental chemical business Oxy Chem. It's an allcash transaction.It's valued at $9.7% billion, and this is Bergkshire's biggest purchase since 2022. Joining us right now is Vicky Holliff. She is Accidental Petroleum CEO.And Vicki, first of all, thanks for being here this morning. We appreciate it. >> Thank you.I appreciate the opportunity, Becky. >> Let's talk a little bit about this deal, how it came together, and $9.7% billion in cash. What do you pla ...