Berkshire Hathaway Completes Acquisition of Alleghany Corporation
October 19, 2022
Berkshire Hathaway Inc. completed its acquisition of Alleghany Corporation for $848.02 per share, representing an approximate total equity value of $11.6 billion. Alleghany became a wholly-owned subsidiary of Berkshire Hathaway and will continue to be led by Joe Brandon.
- Buyers
- Berkshire Hathaway Inc.
- Targets
- Alleghany Corporation
- Sellers
- Alleghany common stockholders
- Industry
- Insurance
- Location
- New York, United States
- Transaction Type
- Buyout
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