Occidental completed sale of Occidental Chemical Corp to Berkshire Hathaway for $9.7B cash (subject to…
Filed with the SEC on · Summarized by InvestorsBot
Occidental completed sale of Occidental Chemical Corp to Berkshire Hathaway for $9.7B cash (subject to customary purchase price adjustments) on Jan 2, 2026. Sellers: Occidental Chemical Holding, LLC & Environmental Resource Holdings, LLC. $OXY $BRK.B 🤝💰 #M&A #Divestiture
The divestiture transfers Oxy’s chemical business; unaudited pro forma condensed consolidated statements for the 9 months ended 9/30/25 and years 2024–2022, plus a pro forma balance sheet as of 9/30/25, are filed as Exhibit 99.2. $OXY 📄🔍 #SEC #Finance
Purchase Agreement dated Oct 1, 2025 was previously filed as Exhibit 2.1 to Occidental’s 8-K on Oct 3, 2025; current 8-K notes the description is qualified by that agreement. $OXY $BRK.B 📝 #Compliance #8K