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Warren Buffett to Buy Insurer Alleghany for $11 6B

Berkshire Hathaway gains a large property-casualty group with reinsurance operations via its Transatlantic Holdings unit.

Joe brandonWarren buffettJoseph brandonTransatlantic holdings incTransatlantic holdingsBerkshire hathaway incOccidental petroleum corpPrecision castparts corpBerkshire hathawayAlleghany corpWhat you needNew york basedNebraska based berkshireOccidental petroleum

Berkshire Finds Another Elephant in Alleghany

Warren Buffett makes an $11.6 billion acquisition of a company he's watched for 60 years.

Berkshire hathawayJoe brandonWarren buffettJefferson kirbyTransatlantic holdingsWilbert funeral servicesPiedmont manufacturing groupWall streetDow jones industrial averageNasdaq compositeNew york headquarteredAlleghany capitalPrecision cutting technologiesPiedmont manufacturing

Berkshire Finds Another Elephant in Alleghany

Warren Buffett makes an $11.6 billion acquisition of a company he's watched for 60 years.

Berkshire hathawayJoe brandonWarren buffettJefferson kirbyTransatlantic holdingsWilbert funeral servicesPiedmont manufacturing groupWall streetDow jones industrial averageNasdaq compositeNew york headquarteredAlleghany capitalPrecision cutting technologiesPiedmont manufacturing

Warren Buffett s Berkshire Hathaway agrees to buy insurer Alleghany for nearly $12 billion

Warren Buffett. AP Photo/Nati Harnik Berkshire Hathaway agreed to buy insurer Alleghany in an all-cash deal worth $11.6 billion. The conglomerate

United statesWarren buffettTheron mohamedJoe brandonVan sweringenLawrence cunninghamShalini nagarajanJefferson kirbyAlleghany corporationBerkshire hathawayOccidental petroleumTransatlantic holdingsMantis van sweringenPeppa pig

Warren Buffett ends drought with Berkshire s US$11 6bil Alleghany purchase

NEW YORK: Warren Buffett's (pic) Berkshire Hathaway Inc on Monday struck an agreement to buy insurance company Alleghany Corp Y.N for $11.6 billion, only weeks after the 91-year-old billionaire bemoaned a lack of good investment opportunities.

New yorkUnited statesFred morgan kirbyTolles olsonWarren buffettVan sweringenJoseph brandonCathy seifertWillkie farr gallagherBerkshire hathaway inc onTransatlantic holdings incGoldman sachsGroup incIts alleghany capital corpDairy queenApple inc

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