Berkshire Hathaway to buy Alleghany in $11.6bn transaction
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Berkshire Hathaway to buy Alleghany in $11.6bn transaction

Samuel Casey
March 21, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
berk alleghany.jpg

Berkshire Hathaway has agreed to acquire TransRe owner Alleghany Corporation in an $11.6bn transaction.

The Warren Buffett-led firm will pay $848.02 per share for the business, representing a multiple of 1.26 times book value as of December 31, 2021 and a 29% premium on the company’s average stock price during the past 30...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Alleghany Berkshire Hathaway
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article