Warren Buffett completes his biggest deal ever
August 23, 2015
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Business

Warren Buffett completes his biggest deal ever

The industrials sector rose 1.81 per cent, buoyed by Precision Castparts, which also give the…

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Berkshire Hathaway To Buy Portland’s Precision Castparts
August 20, 2015
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Business

Berkshire Hathaway To Buy Portland’s Precision Castparts

As it has grown, the sprawling industrial empire Berkshire Hathaway, with holdings in railroads, insurance,…

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Before Buffett’s Berkshire Hathaway Inc Arrived to take Precision Castparts
August 17, 2015
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World

Before Buffett’s Berkshire Hathaway Inc Arrived to take Precision Castparts

The transaction has many traits of a typical Buffett deal: he already owned a minority…

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Buffett to buy Precision Castparts for 37bn
August 15, 2015
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Business

Buffett to buy Precision Castparts for 37bn

Precision Castparts led industrial stocks higher after Warren Buffett’s Berkshire Hathaway agreed to buy the…

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Warren Buffett’s Berkshire in major $37.5bn deal
August 15, 2015
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Business

Warren Buffett’s Berkshire in major $37.5bn deal

The transaction is valued at approximately .2 billion including outstanding PCC net debt.

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Warren Buffett is buying a nuts and bolts supplier for $37 billion
August 14, 2015
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Business

Warren Buffett is buying a nuts and bolts supplier for $37 billion

At $235 per share, Buffett will pay a premium of 21% over PCC’s closing price…

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Buffett spends $32 billion in buyout of Precision Castparts
August 13, 2015
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Business

Buffett spends $32 billion in buyout of Precision Castparts

Stocks got a boost before the market opened with news that Buffett’s Berkshire Hathaway agreed…

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Precision Castparts, Sprint, Freeport-McMoRan — Market News
August 11, 2015
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Business

Precision Castparts, Sprint, Freeport-McMoRan — Market News

In its most recent fiscal year ending in March 2015, 70% of the company’s revenues…

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US stocks climb as oil rebounds; Precision Castparts jumps
August 10, 2015
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Business

US stocks climb as oil rebounds; Precision Castparts jumps

Precision jumped 19.1 per cent, while Berkshire B shares dipped 0.1 per cent.

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Berkshire Hathaway buying Precision Castparts for about $32.36 billion
August 10, 2015
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Business

Berkshire Hathaway buying Precision Castparts for about $32.36 billion

Buffet said in a statement: “I’ve admired PCC’s operation for a long time”.

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