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Buffett's Berkshire Hathaway Energy to buy Oncor
July 7, 2017 / 4:20 AM / 5 months ago

Buffett's Berkshire Hathaway Energy to buy Oncor

July 7 (Reuters) - Berkshire Hathaway Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc, agreed to acquire Oncor Electric Delivery Company LLC for an equity value of about $11.25 billion, the company said in a statement on Friday.

Reuters reported on Thursday Berkshire Hathaway Energy was nearing a deal to acquire Oncor.

Reporting by Kanishka Singh in Bengaluru; Editing by Amrutha Gayathri

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