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Benzinga
Benzinga
Business
Erica Kollmann

Warren Buffett's Berkshire In Talks To Buy OxyChem For $10 Billion: Report

Warren Buffett

Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) is in talks to acquire Occidental Petroleum Corp.‘s (NYSE:OXY) chemical unit, OxyChem, in a deal valued at roughly $10 billion.

If finalized, it would be Berkshire's biggest purchase since 2022 and could be completed soon, according to the Wall Street Journal.

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