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Buffett's Berkshire to buy Precision Castparts in US$37.2b deal

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Published Mon, Aug 10, 2015 · 12:38 PM

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    [NEW YORK] Warren Buffett's Berkshire Hathaway Inc said it will buy aircraft components maker Precision Castparts Corp in a deal valued at about US$37.2 billion, including debt.

    Berkshire's offer of US$235 per share is a premium of 21.2 per cent to Precision Castparts' Friday close of US$193.88.

    REUTERS

    Aviation

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