Warren Buffett’s Berkshire Hathaway Inc. and Alleghany Corp. announced that all regulatory approvals relating to the proposed $11.6 billion acquisition of Alleghany by Berkshire Hathaway have been received.
The deal was first announced in March 2022.
At a special meeting held on June 9, 2022, the stockholders of Alleghany voted to approve and adopt the Agreement and Plan of Merger. The completion of the proposed transaction is currently expected to occur on Oct. 19, 2022, subject to the satisfaction of customary closing conditions.
Source: Berkshire Hathaway
Related:
Was this article valuable?
Here are more articles you may enjoy.
Roof Costs Soar Even as Claims Decline: Verisk 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
Warmer World Means Bigger Hail and More Damage, Study Finds 
