Berkshire-Alleghany: Brandon back in the fold
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Berkshire-Alleghany: Brandon back in the fold

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Yesterday, after a long wait that included tilts at legacy Chubb, HCC and TransRe, Berkshire Hathaway yesterday struck a deal to acquire a P&C insurance business of scale.

Warren Buffett’s conglomerate has agreed to pay $11.6bn in cash for Alleghany, valuing the business at ~1.3x book and ~1.5x

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