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News
Precision Castparts
Precision Castparts News
Warren Buffett
10 Aug 2015
Berkshire Hathaway makes $37 bn bet on Precision buy
US investment guru Warren Buffett`s Berkshire Hathaway is buying Precision Castparts, a leading supplier to the aerospace industry, for $37.2 billion, the largest acquisition in the conglomerate`s 50-year history.
Berkshire Hathaway
10 Aug 2015
Berkshire Hathaway to buy Precision Castparts for $37 bn
The agreed acquisition, one of Berkshire`s largest takeovers, is expected to be completed in the first quarter of 2016, they said in a joint statement.
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