Berkshire Hathaway is ready to make its biggest acquisition in three years. The company reaching a deal to buy Occidental Petroleum's Chemicals unit for about $9.7% billion in an all cash deal. For more on this M&A, we're joined by Bloomberg Intelligence senior analyst Matthew Palazzolo.And Matt. It's interesting because they already own a massive stake in the parent company, Oxy, I think like 27%. Right.Yeah. So they own about $11 billion worth of oxy stock. I think it's a good deal, Matt, for for both the ...

Berkshire Hathaway Buys Occidental’s OxyChem For $9.7 Billion—Buffett’s Largest Deal In Yearshttps://t.co/zc2PxjWfWT https://t.co/ZJmYiwfkVg ...

Accessibility StatementSkip Navigation MISSISSAUGA, ON, Oct. 2, 2025 /PRNewswire/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat"). Today Cymat announced that it has completed a non-brokered private placement of equity Units (the "Offering"), generating gross proceeds of $1,499,500. Each Unit was priced at $0.13 with one Unit consisting of one (1) Common Share and one (1) Common Share Purchase Warrant. Each Warrant entitles the holder to purchase one Common Share at a price o ...

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All right, a news alert. It is official. Berkshire Hathway announcing that it is acquiring Accidental's chemical business, Oxymp.This is an allcash deal. That transaction is valued at $9.7% billion. Accidental has been looking for ways to bring down debt.They have current debt load of about $22 billion. They have stated that they'd like to get down to $15 billion. Bergkshire Hathaway is the largest shareholder in Accidental and this is a separate deal where they'll be spending off that Oxy Chem and taking c ...

OMAHA, Neb. (AP) — Berkshire Hathaway is buying Occidental Petroleum's chemical division for $9.7 billion in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett. Warren Buffett wasn’t mentioned anywhere in materials released by Berkshire Hathaway discussing the deal Thursday, potentially signaling a passing of the torch to Vice Chair Greg Abel, to whom Buffett will hand the CEO title in January. But given the relationship that Buffett has with Occidental CEO Vicki Hollub ...

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Berkshire Hathaway entered an agreement to acquire Occidental Petroleum’s OxyChem segment for $9.7 billion, the companies announced Thursday. The transaction is expected to close in the fourth quarter of 2025. OxyChem manufactures standardized chemicals on a large scale that are applied in water treatment, pharmaceuticals, healthcare and commercial and re ...

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

(Bloomberg) -- An ex-Societe Generale SA banker and a group of traders suspected of making about €18 million ($21.1 million) from an insider tip on a US stock about a decade ago were ordered to face a criminal trial in France, according to people familiar with the matter. The then SocGen managing director Stéphane Fima and traders Lucien Selce and Alexis Kuperfis are among those to be called to a Paris court, two of the people said who asked not to be named as the decision isn’t public information. The co ...

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Tronox Holdings plc ("Tronox" or the "Company") (NYSE: TROX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tronox investors who were adversely affected by alleged securities fraud between February 12, 2025 and July 30, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/tronox-holdings-plc-lawsuit- ...