Berkshire Hathaway to buy Alleghany in $11.6bn transaction
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Berkshire Hathaway to buy Alleghany in $11.6bn transaction

21 March 2022
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berk alleghany.jpg

Berkshire Hathaway has agreed to acquire TransRe owner Alleghany Corporation in an $11.6bn transaction.

The Warren Buffett-led firm will pay $848.02 per share for the business, representing a multiple of 1.26 times book value as of 31 December 2021 and a 29% premium on the company’s average stock price during the past 30...

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NewsM&ABerkshire HathawayAlleghany
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