Warren Buffett’s Berkshire Hathaway struck a $ 10 billion deal to buy Dominion Energy’s natural gas transmission and storage business. The Berkshire energy unit will pay about $ 4 billion in cash and take on $ 5.7 billion in existing debt in exchange for more than 7,700 miles of pipes, …
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Berkshire Hathaway (BRKA) will pay $ 4 billion in cash for the assets, in addition to taking on $ 5.7 billion in debt from Dominion Energy (re)the energy company said Sunday. Investors had been wondering if the massive conglomerate owned by Warren Buffett would seek to make new investments in …
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Warren Buffett’s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $ 4 billion to buy Dominion Energy’s natural gas transmission and storage assets. Including debt assumption, the deal totals nearly $ 10 billion. It is Berkshire’s first major purchase since the coronavirus pandemic and the subsequent market …
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South Belridge Oil Field is the fourth largest oil field in California and one of the most productive in the USA. David McNew | fake pictures Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed prospects …
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European stocks were to snap a four-session winning streak on Friday, with bullish economic data overshadowed by lingering concerns about rising virus cases in the US. The Stoxx Europe 600 SXXP Index, -0.96% It fell 0.6% to 365.91, just after a gain of close to 2% on Thursday. For the …
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