Today news
About the same in other media
Warren Buffett’s Berkshire Hathaway snaps up Alleghany in $11.6bn deal to bolster insurance arm
Reading now: 120
Berkshire Hathaway said on 21 March it agreed to buy insurer Alleghany for about $11.6bn in cash in a deal that bolsters the insurance arm of billionaire Warren Buffett’s investment vehicle.
Berkshire said it would pay $848.02 a share for Alleghany, a premium of about 25% to 18 March’s closing price of $676.75 and a multiple of 1.26 times the New York-based company’s book value at the end of 2021.
Berkshire,...
Read more on fnlondon.comAbout this in other media
‘Heat the human, not the home’: Martin Lewis guide for ‘desperate’ households theguardian.com /2 years ago
Cronyism fears as businessman Sir Ian Cheshire is named head of Channel 4 theguardian.com /2 years ago
Doug Bannister, head of the Port of Dover: ‘We’re at the centre of Brexit. I signed up for that’ theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
