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Factbox-Warren Buffett’s dealmaking spree over the years -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Warren Buffett is seen pause while playing bridge at the Berkshire Hathaway Inc annual meeting in Omaha (Nebraska U.S.A. May 6-8, 2018. REUTERS/Rick Wilking

(Reuters] – Warren Buffett’s Berkshire Hathaway has a near record high cash position of $146.7 billion despite its massive buybacks in the past few years.

On Monday, it completed a deal worth $11.6 billion to acquire Alleghany Corp (NYSE:) Corp. This will add to the company’s already extensive insurance portfolio.

Below are some Berkshire acquisitions over the past 20 years.

Deal for the Company Sector

Value

Year

Precision Castparts Aerospace Parts $32 bln

2010. Burlington Northern Santa Fe Freight Railroad $26 bln

2013 H.J. Heinz (majority-stake) Food and drink $12 bln

2022 Alleghany Corp Insurance $11.6 billion

Specialty chemicals for 2011 Lubrizol Corp $9 bln

2013. NV Energy Electric Utility $5.6 bln

2006 PacifiCorp Energy services $5 bln

2008 Marmon Holdings Manufacturing, $4.5 billion

Services

2015 Van Tuyl Group Auto dealership $4.1 bln

2020 Dominion Energy gas assets Power and energy $4 bln **

** Berkshire later abandoned the purchase of Dominion’s Questar Pipelines, which it had planned to acquire for $1.3 billion in cash and the assumption of $430 million of debt as part of the larger purchase.

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