Buffett buys insurer Alleghany for $11.6 billion
Monday, 21 March 2022, 9:59 am
Warren Buffett is splashing out over $11 billion on US-listed property and casualty insurer Alleghany Corporation.
Buffett's firm Berkshire Hathaway is paying $848.02 per in cash for Alleghany and follows a period in which the billionaire old timer has complained about the lack of acquisition opportunities.
Anyway, I have pasted the core details of the press release below:..
Tags: Warren Buffett, Alleghany