Dominion Energy Stocks (re ) – Get reportfell on Monday after Warren Buffett’s Berkshire Hathaway (BRK.A) – Get report (BRK.B) – Get report He said he agreed to buy the company’s natural gas transmission and storage business for nearly $ 10 billion in cash and debt, bolstering Berkshire’s energy operations …
Read More »Warren Buffett’s Berkshire Hathaway reaches $ 10 billion deal with Dominion Energy for natural gas assets
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, …
Read More »Warren Buffett’s Berkshire Buys Dominion Energy Natural Gas Assets in $ 10 Billion Deal
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 …
Read More »‘Berkshire Hathaway of our generation’: Billionaire investor Chamath Palihapitiya is modeling his firm on Warren Buffett’s company
Flickr / JD Lasica Venture capitalist billionaire Chamath Palihapitiya is modeling his Social Capital firm at Warren Buffett’s company. “My ambition is to be the Berkshire Hathaway of our generation,” said the president of Virgin Galactic in a recent Fortune interview. Palihapitiya hopes to make the Capital Stock public and …
Read More »Great Tobacco, Great Oil, and Warren Buffett Join the Fed Portfolio
Jerome Powell, chairman of the US Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, DC, USA, on Wednesday, February 12, 2020. Andrew Harrer | Bloomberg | fake pictures The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in …
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