M&A Deal Summary |
|
|---|---|
| Date | 2025-10-02 |
| Target | OxyChem |
| Sector | Chemicals |
| Buyer(s) | Berkshire Hathaway |
| Sellers(s) | Occidental Petroleum |
| Deal Type | Divestiture |
| Deal Value | 9.7B USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1839 |
| Sector | Diversified |
| Employees | 392,400 |
| Revenue | 424.2B USD (2024) |
Berkshire Hathaway is a diversified holding company. Its subsidiaries engage in a wide range of business activities including insurance, utilities, renewable energy, freight rail transportation, finance, manufacturing, retailing, and business services. Berkshire Hathaway was founded in 1839 and is based in Omaha, Nebraska.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 70 |
| Sector: Chemicals M&A | 5 of 5 |
| Type: Divestiture M&A Deals | 10 of 10 |
| State: Texas M&A | 7 of 7 |
| Country: United States M&A | 65 of 65 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 10 of 40 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-21 |
Alleghany
New York, New York, United States Alleghany owns and manages operating subsidiaries and investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a global reinsurer; RSUI Group, Inc., a national underwriter of property and liability specialty insurance coverages; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation engages in and oversees strategic investments and acquisitions. Alleghany Corporation was founded in 1929 and is based in New York City. |
Buy | $11.6B |
| Category | Company |
|---|---|
| Founded | 1920 |
| Sector | Oil/Gas Exploration |
| Employees | 11,800 |
| Revenue | 26.7B USD (2024) |
Occidental Petroleum is an oil and gas exploration and production company that provides applying advanced technology to boost production and access hard-to-recover reserves. Occidental Petroleum was founded in 1920 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Chemicals M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 6 of 6 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 6 of 6 |
| Year: 2025 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-06 |
Occidental - Natural Gas Gathering Affiliate
Houston, Texas, United States Occidental's Natural Gas Gathering Affiliate includes certain natural gas gathering systems in the Midland Basin, as well as approximately 200 miles of natural gas gathering pipelines. Occidental's Natural Gas Gathering Affiliate is based in Houston, Texas. |
Sell | $580M |
