Warren Buffett ends 6-year drought of large acquisitions - Economic Times


3/21/2022 12:00:00 AM3 years 1 month ago
by Reuters

Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years, Buffett, who has run Berkshire since 1965, said in a statement.

NEW YORK: Warren Buffett's Berkshire Hathaway Inc on Monday struck an agreement to buy insurance company Alleghany Corp for $11.6 billion, only weeks after the 91-year-old billionaire bemoaned a lack… [+3899 chars]

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