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$9.7 billion deal is one of Buffett's largest ever.
March 14, 2011
By: TOM BRANNA
Editor
Berkshire Hathaway Inc. has acquired Lubrizol in an all-cash transaction valued at approximately $9.7 billion, including approximately $0.7 billion in net debt. It is one of the largest acquisitions in Berkshire Hathaway’s history. “Lubrizol is exactly the sort of company with which we love to partner – the global leader in several market applications run by a talented CEO, James Hambrick,” said Warren Buffett, Berkshire Hathaway chief executive officer. “Our only instruction to James –...
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