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Berkshire's $11.6B Alleghany deal expands insurance business - Business News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Berkshire Hathaway announced it acquired insurer Alleghany Corp, for $11.6 billion on March 21, finally deploying some of its massive cash reserves. See: Warren Buffett Fans Should Consider This. ....
Berkshire Hathaway is buying Alleghany for around R173 billion in cash, as Warren Buffett returns to the dealmaking he has shied away from in recent years.
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