Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit

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Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit
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Warren Buffett’s Berkshire Hathaway is in talks to buy Occidental Petroleum’s petrochemical business for around $10 billion, according to people familiar with the matter. The deal, which would be Berkshire’s largest since 2022, could come together within days, the people said. Houston-based Occidental is largely known for its oil-and-gas operations.

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