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.
IMA Latest to Sue Howden Over Alleged Employee Poaching 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Intersecting Risks and the Future of Construction Insurance 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
