Buffett’s Berkshire in Advanced Talks to Acquire OxyChem for $10B
On September 30, 2025, news broke that Berkshire Hathaway had entered advanced talks to acquire OxyChem, the petrochemical arm of Occidental Petroleum, at a price tag near $10 billion. We see this move as a bold play: Berkshire already owns roughly 27 % of Occidental shares, which gives it insider familiarity and alignment of interests….