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home / news releases / Y - Berkshire Hathaway: Finally Putting Some Cash To Work

Y - Berkshire Hathaway: Finally Putting Some Cash To Work

Alleghany Corporation
  • Berkshire announced the acquisition of Alleghany, another insurance conglomerate, for $11.6B.
  • They have also been building their stake in Occidental Petroleum, with a stake just under 15% of the company.
  • Some have speculated that Berkshire might try to acquire OXY's entire business.
  • Either way, shares of Berkshire and OXY still have upside for long-term investors.

For further details see:

Berkshire Hathaway: Finally Putting Some Cash To Work
Stock Information
Company Name: Alleghany Corporation
Stock Symbol: Y
Market: NYSE
Website: alleghany.com
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