Buffett’s conglomerate closes $11.6B Alleghany insurance buy

Local News — Buffett’s conglomerate closes $11.6B Alleghany insurance buy that we obtained from news agencies. opinions and stunning details about the Buffett’s conglomerate closes $11.6B Alleghany insurance buy that you have never heard before.

Buffett’s conglomerate closes $11.6B Alleghany insurance buy

OMAHA, Neb. – Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate.

The purchase announced in March will further expand Berkshire’s sizeable insurance operations and add a few more companies to its stable, including a steel fabricator and toy company owned by Alleghany.

Alleghany shareholders received $848.02 cash per share as part of the deal.

Story continues