Buffett’s Berkshire Hathaway Energy to buy Oncor

07 Jul, 2017 10:49 am

LONDON – Berkshire Hathaway Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc, agreed to acquire Oncor Electric Delivery Company LLC for an equity value of about $11.25 billion (8.67 billion pounds), the company said in a statement on Friday.

Reuters reported on Thursday Berkshire Hathaway Energy was nearing a deal to acquire Oncor. -Reuters

Must Watch