SUBSCRIBERS
Precision Castparts deal reinforces Berkshire's transformation
The US$37.2b purchase of aerospace equipment maker underlines Mr Buffett's long-term vision to make his company an industrial giant
Add BT as a preferred sourcePublished Mon, Aug 10, 2015 · 09:50 PM
New York
WEEKS from his 85th birthday, Warren Buffett is again seeking to reshape Berkshire Hathaway Inc with the next few decades in mind.
In a deal valued at US$37.2 billion, the second-richest man in the US has agreed to buy Precision Castparts Corp, which makes equipment for the aerospace and energy industries.
