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Y / Berkshire Hathaway to buy Alleghany Corp. for $11.6 billion

Berkshire Hathaway BRK.A, -1.05% BRK.B, -0.74% struck an $11.6 billion, all-cash deal to buy property-and-casualty reinsurance company Alleghany Corp. Y, -0.08% , the companies announced Monday. The $848.02 per share price is 1.26 times book value as of Dec. 31 and a 29% premium to its average price over the last 30 days, the companies said. Read More

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Berkshire

Hathaway

Alleghany

Corp

11 Billion

Stock

Posted: Mar 21 2022, 05:41

Author Name: Market Watch

Y News

By Reuters
April 13, 2022

Alleghany shareholder sues to block $11.6 billion Berkshire buyout over lack of disclosures

Alleghany Corp, which agreed last month to be acquired by Warren Buffett's Berkshire Hathaway Inc, was sued on Wednesday by a shareholder who accused

By Seeking Alpha
April 8, 2022

Fidelity: Fed-Resistant 4% Investment-Grade Dividend

By The Motley Fool
April 7, 2022

3 Reasons Alleghany Is a Perfect Fit for Berkshire Hathaway

It's another example of CEO Warren Buffett's good investing instincts.

By The Motley Fool
March 29, 2022

Why Warren Buffett's Spending Spree Could Continue With This 1 Stock

Previous annual shareholder letters might forecast Warren Buffett's next move.

By Yahoo Finance
March 26, 2022

Warren Buffett's Berkshire Hathaway agrees to buy insurance company Alleghany for $11.6 billion

Warren Buffett's Berkshire Hathaway agrees to buy insurance company Alleghany for $11.6 billion, marking the first large-scale acquisition for Buffett

By The Motley Fool
March 25, 2022

Why Alleghany Is the Ideal Buffett Acquisition

Warren Buffett's $11.6 billion acquisition is his biggest since 2016.

By Zacks Investment Research
March 22, 2022

Berkshire (BRK.B) Ups Insurance Game With $11.6B Alleghany Deal

Berkshire Hathaway (BRK.B) agrees to purchase conglomerate Alleghany, ending Warren E. Buffett's six-year drought of large buyouts.

By Business Insider
March 22, 2022

Warren Buffett's disdain for investment banking 'money-shufflers' leads to lower takeover price for Alleghany Corp. shareholders

Buffett subtracted $27 million — or the fee Alleghany is paying Goldman Sachs to be its advisor during the deal process — from the price tag.

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