Buffett's $9.7B OxyChem Buy: A Lasting Legacy?
Update: 2025-10-02
Description
Buffett's $9.7 Billion Power Play: Is This His Last Big Deal? Berkshire Hathaway is set to acquire OxyChem, a petrochemical giant, in a move signaling both a strategic investment in essential materials and a potential passing of the torch to incoming CEO Greg Abel. Discover how this deal, fueled by Occidental's debt reduction goals and Buffett's long-standing relationship with the company, marks a pivotal moment for Berkshire and the future of its leadership.
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