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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