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Buffett's conglomerate closes $11.6B Alleghany insurance buy

Por: ABC News Business October 19, 2022

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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.In many ways, Alleghany is similar to Berkshire. Buffett's Omaha,... + full article



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