US: Berkshire Hathaway acquires Lubrizol

Berkshire Hathaway has acquired the Wickliffe, Ohio-based chemical and lubricants manufacturer Lubrizol. The terms of the US$9.7bn deal - reportedly Berkshire Hathaway chief executive Warren Buffett’s largest ever acquisition - will see Berkshire Hathaway acquire 100% of outstanding Lubrizol shares for US$135 per share in an all-cash transaction. The transaction Subscribe to Automotive World to … Continued

• By Webmaster
• March 15, 2011