Warren Buffett’s Potential Last Big Deal Signals a Passing of the Torch Berkshire Hathaway has announced the $9.7 billion purchase of Occidental Petroleum’s chemical division, OxyChem, in a move that may mark the final major acquisition of Warren Buffett’s legendary career. The deal, revealed on Thursday, reflects both Buffett’s enduring dealmaking influence and the gradual transition of leadership to Vice Chair Greg Abel, who is set to become Berkshire’s CEO in January 2026. Notably, Buffett’s name was absent from Berkshire’s official communications on the deal, underscoring Abel’s growing prominence. While Buffett will remain chairman and retain a role in capital … Continue reading Berkshire Hathaway Buys OxyChem for $9.7 Billion