Thursday - October 16, 2025
Occidental Petroleum: Berkshire Hathaway to Acquire OxyChem
October 03, 2025
HOUSTON, Texas, Oct. 3 -- Occidental Petroleum, an oil and gas, exploration and production company, issued the following news release on Oct. 2, 2025:

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Berkshire Hathaway Inc. to Acquire OxyChem

Berkshire Hathaway (NYSE: BRK) and Occidental (NYSE: OXY) today announced a definitive agreement for Berkshire Hathaway to acquire Occidental's chemical business, OxyChem, in an all-cash transaction for $9.7 billion, subject to customary purchase price adj . . .

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