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Greg Abel's 2 Big Acquisitions This Year Cost Berkshire Hathaway About $16 Billion, Less Than 5% of Its Cash Pile
The Motley Fool·
Since taking over as CEO, Greg Abel has completed two major acquisitions for Berkshire Hathaway: OxyChem for $9.7 billion and Taylor Morrison for $6.8 billion, totaling $16.5 billion or just 4.5% of the company's $365.5 billion cash pile. These deals suggest Abel is maintaining acquisition discipline while potentially pursuing more synergistic deals than Warren Buffett, signaling a slow pivot in strategy that may help prevent Berkshire from stagnating.
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