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Warren Buffetts Berkshire Hathaway Buys Dominion Gas Business Worth Nearly $10 Billion

2020-07-06 00:15:00| OGI

The deal reflects a strategic repositioning by Dominion Energy on its utility operations, according to CEO Thomas F. Farrell II, and also follows the companys decision to cancel the Atlantic Coast Pipeline.

Tags: business worth gas billion

 

Warren Buffett's company Berkshire Hathaway sells US airline shares

2020-05-03 05:30:35| BBC News | Business | UK Edition

The billionaire investor says he doesn't see any remaining upside in the airline industry.

Tags: company shares airline warren

 
 

Occidental Shareholders Get First Say on Anadarko Deal with Berkshire Financing Vote

2020-04-17 23:40:25| OGI

The Anadarko acquisition closed in August, months before an oil price crash sapped the cash flow Occidental Petroleum needed to pay the debt taken with the purchase.

Tags: with deal vote financing

 

Berkshire Hathaway to Take Occidental Petroleum Shares Instead of Cash Dividends

2020-04-15 22:30:00| OGI

Warren Buffett's Berkshire Hathaway last year bought $10 billion worth of Occidental Petroleum's preferred shares to help finance its $38 billion acquisition of Anadarko Petroleum.

Tags: cash shares petroleum dividends

 

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