Warren Buffett's Berkshire In Talks To Buy OxyChem For $10 Billion: Report
1. Berkshire is in talks to acquire Occidental's $10 billion chemical unit. 2. This would be Berkshire's largest purchase since 2022. 3. Berkshire already holds a significant stake in Occidental. 4. OxyChem generates nearly $5 billion in annual revenue. 5. Berkshire has record cash reserves of about $344 billion.