{"id":21314,"date":"2025-10-01T02:04:00","date_gmt":"2025-10-01T02:04:00","guid":{"rendered":"https:\/\/finderica.com\/?p=21314"},"modified":"2025-10-01T02:04:00","modified_gmt":"2025-10-01T02:04:00","slug":"warren-buffett-is-reportedly-eyeing-berkshire-hathaways-biggest-deal-in-three-years","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=21314","title":{"rendered":"Warren Buffett is reportedly eyeing Berkshire Hathaway&#8217;s biggest deal in three years"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108140490\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.<\/p>\n<p>CNBC<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Warren Buffett&#8217;s <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Berkshire Hathaway<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> is closing in on a deal to buy <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\">Occidental Petroleum&#8217;s<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> petrochemical unit OxyChem for roughly $10 billion, <a href=\"https:\/\/www.wsj.com\/business\/deals\/berkshire-hathaway-occidental-petroleum-deal-80a78f2e?gaa_at=eafs&amp;amp;gaa_n=ASWzDAgzifoCrwU7G4IKbb_YscTAXuTMNWkoE-4uf-V2e6I-4XKZMLtGMRzeQdnFFlM%3D&amp;amp;gaa_ts=68dc38b2&amp;amp;gaa_sig=OrzTw7jUo8fbP7P7TPigtpLnwpcLoAxGNu3eXon28BgYj7md7eSqt6MFZIC8jbZAngRnBa29ME3J7UlFicrXgg%3D%3D\" target=\"_blank\" rel=\"noopener\">the Wall Street Journal reported Tuesday.<\/a><\/p>\n<p>The potential deal, which could finalize within days per the Journal, could be Berkshire&#8217;s largest since 2022 when it bought insurer Alleghany for $11.6 billion. That deal was announced in March of that year and completed in October 2022. Berkshire is sitting on a record cash hoard of $344 billion.<\/p>\n<p>Buffett, 95, is stepping down as Berkshire CEO at the end of 2025, but he will remain as chairman. Buffett&#8217;s successor Greg Abel, who was CEO of Berkshire Hathaway Energy, is known for his strong expertise in the energy industry.<\/p>\n<p>Shares of Houston-based energy company fell 1.8% Tuesday despite WSJ&#8217;s report.<\/p>\n<p>The Omaha-based conglomerate owned more than $11 billion worth of Occidental stock, or a 28.2% stake. The 95-year-old Buffett previously said he wouldn&#8217;t take full control of the oil company,\u00a0founded by legendary oilman Armand Hammer.<\/p>\n<p>In 2019, Buffett helped bankroll\u00a0<a href=\"https:\/\/link.cnbc.com\/click\/27000995.22114\/aHR0cHM6Ly93d3cuc2VjLmdvdi9BcmNoaXZlcy9lZGdhci9kYXRhLzEwNjc5ODMvMDAwMDg5OTI0MzIyMDEwNzk4LzAwMDA4OTkyNDMtMjItMDEwNzk4LWluZGV4Lmh0bT9fX3NvdXJjZT1uZXdzbGV0dGVyJTdDd2FycmVuYnVmZmV0dHdhdGNo\/5af261592ddf9c7ca6cc4799D21b5c5b8\" target=\"_blank\" rel=\"noopener\">Occidental&#8217;s purchase of Anadarko Petroleum<\/a> with a $10 billion commitment, receiving preferred shares and warrants to buy common stock in return.\u00a0<\/p>\n<p>The billionaire investor started buying Occidental common stock in the open market in early 2022 after reading a transcript of the oil company&#8217;s earnings conference call. He took advantage of the heightened volatility in the Covid pandemic to scoop up the shares at a discount.<\/p>\n<p>Occidental also pays a 2% dividend yield and has been investing in a carbon capture business.<\/p>\n<p><em>\u2014 Click here to reach <\/em><a href=\"https:\/\/www.wsj.com\/business\/deals\/berkshire-hathaway-occidental-petroleum-deal-80a78f2e?gaa_at=eafs&amp;amp;gaa_n=ASWzDAgzifoCrwU7G4IKbb_YscTAXuTMNWkoE-4uf-V2e6I-4XKZMLtGMRzeQdnFFlM%3D&amp;amp;gaa_ts=68dc38b2&amp;amp;gaa_sig=OrzTw7jUo8fbP7P7TPigtpLnwpcLoAxGNu3eXon28BgYj7md7eSqt6MFZIC8jbZAngRnBa29ME3J7UlFicrXgg%3D%3D\" target=\"_blank\" rel=\"noopener\"><em>the original WSJ story.<\/em><\/a><\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108190390\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108190390\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000386718\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/09\/30\/warren-buffett-is-reportedly-eyeing-berkshire-hathaways-biggest-deal-in-three-years.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Warren Buffett&#8217;s Berkshire Hathaway is closing in on a deal to buy Occidental Petroleum&#8217;s petrochemical unit OxyChem for roughly $10 billion, the Wall Street Journal reported Tuesday. The potential deal, which could finalize within days per the<\/p>\n","protected":false},"author":1,"featured_media":18946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[1967,200,1971,1236,2615,1968,8372,2092,203],"class_list":{"0":"post-21314","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-berkshire","9":"tag-biggest","10":"tag-buffett","11":"tag-deal","12":"tag-eyeing","13":"tag-hathaways","14":"tag-reportedly","15":"tag-warren","16":"tag-years"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/21314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21314"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/21314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/18946"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}