Berkshire Hathaway Acquires Alleghany Corporation for $11.6 Billion

Berkshire Hathaway Acquires OxyChem From Occidental for $9.7 Billion

January 3, 2026

Manufacturing

Berkshire Hathaway has completed the all-cash acquisition of OxyChem, Occidental’s chemical division, for $9.7 billion, subject to customary post-closing purchase price adjustments. OxyChem is a Dallas, Texas-headquartered producer of essential commodity chemicals with operations across the United States, Canada, and Latin America.

Investar Holding Corporation Acquires Cheaha Financial Group, Inc. (Cheaha Bank)

January 25, 2021

Financial Services

Investar Holding Corporation entered into a definitive agreement to acquire Cheaha Financial Group, Inc. and its wholly-owned subsidiary Cheaha Bank for $80.00 per share, valuing the transaction at approximately $41.1 million. The deal, which expands Investar's footprint into eastern Alabama (Oxford) and bolsters its deposit base, is expected to close in early Q2 2021 subject to regulatory and shareholder approvals.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

Aquarian Capital to Acquire Brighthouse Financial in $4.1 Billion All-Cash Deal

November 6, 2025

Financial Services

Aquarian Capital has signed a definitive merger agreement to acquire Brighthouse Financial in an all-cash transaction valued at approximately $4.1 billion. Under the terms, Brighthouse Financial stockholders will receive $70.00 per share, and Brighthouse Financial is expected to operate as a standalone entity within Aquarian Capital’s portfolio.

Ali Group to Acquire Welbilt in All-Cash Deal

July 14, 2021

Manufacturing

Ali Holding S.r.l. (Ali Group) entered into a definitive agreement to acquire Welbilt, Inc. in an all-cash transaction valued at $24.00 per share (about $3.5 billion equity value and $4.8 billion enterprise value). The deal closed after required shareholder and regulatory processes, and Welbilt’s stock ceased trading in July 2022.

KKR Acquires Chase Corporation for $1.3 Billion

November 15, 2023

Manufacturing

KKR, through an affiliate of investment funds, agreed to acquire Chase Corporation for $127.50 per share in an all-cash transaction valued at approximately $1.3 billion (including assumed debt). The deal is focused on supporting Chase’s growth and innovation, including an employee equity ownership program after close. The acquisition was successfully completed, and Chase common stock ceased trading on the NYSE American.