Berkshire Hathaway ທີ່ຈະຊື້ Reinsurer Alleghany ໃນລາຄາ 11.6 ຕື້ໂດລາ

ຂະຫນາດຂອງຂໍ້ຄວາມ

ຂອງ Warren Buffett

Berkshire Hathaway

ຕົກລົງທີ່ຈະຊື້

Alleghany

shares for $848.02 a share in cash, or a total equity value of about $11.6 billion.

The deal represents a 29% premium to Alleghany’s average stock price over the last 30 days, the companies said in a statement.

Shares of Alleghany, the property-and-casualty reinsurance company, closed Friday at $676.75. They were rising more than 15% in premarket trading Monday to $780.

“Berkshire will be the perfect permanent home forAlleghany, a company that I have closely observed for 60 years,”Buffett said in a statement.

The deal is expected to close in the fourth quarter. It has been approved by the boards of both companies.

Barron ຂອງ ເລືອກເອົາ Alleghany as a Stock Pick back in November 2021, calling it a miniature Berkshire Hathaway.

ຂຽນຫາ Joe Woelfel ທີ່ [email protected]