Finance

Billionaire Buffett bolsters stake in US energy heavyweight

Berkshire has revealed it paid close to $176 million in three separate transactions to acquire additional Occidental shares

Warren Buffett, the chief executive of Berkshire Hathaway.
Warren Buffett, the chief executive of Berkshire Hathaway.Photo: AFP/SCANPIX
Middle East and South Asia EditorNew Delhi
Published 18 June 2024, 03:58Updated 18 June 2024, 05:32
Occidental PetroleumUnited StatesBerkshire HathawayWarren Buffett