Berkshire Hathaway weighs acquisition targets for its cash pile
Updated
Updated · Barron's · May 1
Berkshire Hathaway weighs acquisition targets for its cash pile
8 articles · Updated · Barron's · May 1
At an Omaha investment conference before Berkshire’s annual meeting, investors suggested S&P Global, Occidental Petroleum, Copart and Kinsale as uses for Berkshire’s $373 billion cash reserve.
Chris Bloomstran said Berkshire may need only about $100 billion to back its insurance operations, while Adam Mead said buying the rest of Occidental could cost more than $50 billion.
Panelists argued recent share-price declines at several candidates could create opportunities for CEO Greg Abel, who faces pressure over how to deploy Berkshire’s cash for future growth.
After a $4.5B writedown on Occidental, why is a full buyout still seen as a top strategy for deploying Berkshire's cash?
Should Berkshire's new CEO continue hunting mega-deals or pivot the company towards dividends and high-growth technology investments?