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Berkshire Hathaway to buy Precision Castparts for US$37.2b

2015-08-11 02:40:26| Railroads - Topix.net

The deal is valued at about US$37.2 billion, eclipsing Berkshire's 2010 acquisition of rail operator Burlington Northern Santa Fe in a cash-and-debt deal valued at US$36.5 billion. NEW YORK: US investment guru Warren Buffett's Berkshire Hathaway has agreed to buy Precision Castparts, a leading supplier to the aerospace industry, for US$37.2 billion, in the largest acquisition in the conglomerate's 50-year history.

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