Buffett's Berkshire Is Making Its Biggest Acquisition in Years—What You Need to Know
1. Berkshire Hathaway acquires OxyChem for $9.7 billion, its largest deal since 2022. 2. The acquisition is seen as a bet on the chemicals industry. 3. Buffett's successor Greg Abel will lead post-acquisition, signaling new strategy directions. 4. The deal's anticipated completion is set for late 2025. 5. OxyChem acquisition follows Berkshire's trend of significant investments in robust sectors.