According to @StockMKTNewz, citing Bloomberg, Berkshire Hathaway (BRK.B) agreed to acquire Occidental Petroleum’s petrochemical unit OxyChem for about USD 9.7 billion in cash (source: @StockMKTNewz; Bloomberg). Per the same report, this would be Berkshire’s largest acquisition since its USD 13.7 billion purchase of Alleghany in 2022, signaling a material capital deployment for BRK.B and a sizable cash inflow for OXY (source: @StockMKTNewz; Bloomberg). Key tradable details disclosed are the all-cash structure and the USD 9.7 billion headline price; the source update did not provide timing or regulatory conditions (source: @StockMKTNewz; Bloomberg). No direct cryptocurrency market linkage was cited in the report (source: @StockMKTNewz; Bloomberg).

According to @StockMKTNewz, Berkshire Hathaway (BRK.B) is reportedly in talks to acquire OxyChem from Occidental (OXY) for $10 billion. According to @StockMKTNewz, this would be Berkshire’s largest deal since 2022. According to @StockMKTNewz, the report identifies the buyer and seller but does not disclose timing, financing, or regulatory details. According to @StockMKTNewz, the report does not mention any direct cryptocurrency market implications.

According to @StockMKTNewz, Occidental Petroleum (OXY) is in talks to sell its OxyChem petrochemicals business in a deal that could exceed $10 billion, source: Financial Times. OxyChem is Occidental’s chemicals segment and a distinct reporting unit, so a divestiture would reshape OXY’s portfolio mix, source: Occidental Petroleum 2023 Form 10-K. The report indicates negotiations are ongoing with no signed agreement disclosed; traders should watch for headline confirmation, pricing, and use-of-proceeds details that typically drive first-day price action, source: Financial Times. The report does not cite any direct cryptocurrency exposure or tokenization angle, source: Financial Times.