{
  "id": 18331287,
  "title": "Greg Abel's 2 Big Acquisitions This Year Cost Berkshire Hathaway About $16 Billion, Less Than 5% of Its Cash Pile",
  "url": "https://urgent.news/2026/11/05/greg-abels-2-big-acquisitions-this-year-cost-berkshire-hathaway-about",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T16:00:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/05/abels-2-big-acquisitions-this-year-cost-berkshire/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Greg Abel, CEO of Berkshire Hathaway since Warren Buffett's retirement, has made two significant acquisitions this year, spending a combined $16.5 billion, or about 4.5% of the company's $365.5 billion cash reserves as of Q2 2026. The first was the $9.7 billion purchase of OxyChem, a former petrochemical division of Occidental Petroleum, in January. Analysts perceived the deal as a low valuation acquisition, which could benefit Occidental shares long-term. The second acquisition in May was Berkshire's $6.8 billion purchase of Taylor Morrison Homebuilders, paying a 24% premium for the publicly traded company. These acquisitions, both under $10 billion, reflect Abel's approach of avoiding large-scale deals, similar to Warren Buffett's strategy. While Abel may introduce some changes by pursuing synergistic deals, Berkshire shareholders can expect steady growth and stability under his leadership.",
  "summary": "Is Greg Abel just getting started, or is this his acquisition approach for the post-Buffett era?",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}