Julie Bang / Investopedia The 95-year-old Warren Buffett is stepping down as Berkshire Hathaway's CEO at the end of the year. KEY TAKEAWAYS Berkshire Hathaway has struck a $9.7 billion all-cash deal to buy OxyChem, the petrochemical division of Occidental Petroleum, in the largest acquisition by Warren Buffett’s conglomerate since 2022. Berkshire Hathaway has been focused on selling stakes and growing its cash pile rather than big-ticket purchases in recent years. Berkshire Hathaway (BRK.A, BRK.B) h ...

Celanese Corp (NYSE:CE) stock is up 5.4% to trade at $44.65 at last glance, after the chemicals company was upgraded by Citigroup to "buy" from "neutral," to go with a price-target hike to $53 from $47. The analyst in coverage said Celanese is set to benefit from China's curbed coal production, auto builds improvements, and potential balance sheet support from divestitures.CE is pacing for its fifth-straight gain as it tests a slew of moving averages overhead, an area that roughly coincides with $50. The sh ...

交易概述 - 伯克希尔哈撒韦公司达成协议 以约97亿美元全现金收购西方石油公司旗下化工业务单元 [1] - 此次收购是伯克希尔哈撒韦三年来规模最大的一笔交易 [1] 交易对伯克希尔哈撒韦的影响 - 伯克希尔哈撒韦已持有西方石油公司大量股份 股权比例约为27% 对应股票价值约110亿美元 [1][2] - 此次收购的化工业务是一项优质业务 对伯克希尔哈撒韦有利 [2][3] - 当前化工行业处于周期盈利低谷 这对伯克希尔哈撒韦而言是交易中的一项优势 [4][5] 交易对西方石油公司的影响 - 约97亿美元的售价有助于西方石油公司降低财务杠杆 [2] - 与同行相比 西方石油公司财务杠杆水平非常高 此次交易有助于其改善财务状况并可能提振股价 [2][3] - 西方石油公司因过往收购导致财务杠杆高企 缺乏财务灵活性 因此有必要采取行动 [4] - 伯克希尔哈撒韦持有的西方石油公司优先股也是限制其财务灵活性的因素之一 [4] 行业趋势 - 重工业公司当前倾向于通过出售部分业务来偿还债务 [3]

Accessibility StatementSkip Navigation MISSISSAUGA, ON, Oct. 2, 2025 /PRNewswire/ - Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat"). Today Cymat announced that it has completed a non-brokered private placement of equity Units (the "Offering"), generating gross proceeds of $1,499,500. Each Unit was priced at $0.13 with one Unit consisting of one (1) Common Share and one (1) Common Share Purchase Warrant. Each Warrant entitles the holder to purchase one Common Share at a price o ...

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...

OMAHA, Neb. (AP) — Berkshire Hathaway is buying Occidental Petroleum's chemical division for $9.7 billion in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett. Warren Buffett wasn’t mentioned anywhere in materials released by Berkshire Hathaway discussing the deal Thursday, potentially signaling a passing of the torch to Vice Chair Greg Abel, to whom Buffett will hand the CEO title in January. But given the relationship that Buffett has with Occidental CEO Vicki Hollub ...

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Berkshire Hathaway entered an agreement to acquire Occidental Petroleum’s OxyChem segment for $9.7 billion, the companies announced Thursday. The transaction is expected to close in the fourth quarter of 2025. OxyChem manufactures standardized chemicals on a large scale that are applied in water treatment, pharmaceuticals, healthcare and commercial and re ...

Berkshire will acquire the chemical business in an all-cash transaction. ...

(Bloomberg) -- An ex-Societe Generale SA banker and a group of traders suspected of making about €18 million ($21.1 million) from an insider tip on a US stock about a decade ago were ordered to face a criminal trial in France, according to people familiar with the matter. The then SocGen managing director Stéphane Fima and traders Lucien Selce and Alexis Kuperfis are among those to be called to a Paris court, two of the people said who asked not to be named as the decision isn’t public information. The co ...

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Tronox Holdings plc ("Tronox" or the "Company") (NYSE: TROX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tronox investors who were adversely affected by alleged securities fraud between February 12, 2025 and July 30, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/tronox-holdings-plc-lawsuit- ...