Alleghany fails to get better offer to block $11.6bn Berkshire buyout

19-04-2022

Alleghany fails to get better offer to block $11.6bn Berkshire buyout

shutterstock/IgorGolovniov

The 25-day “go-shop” period in which the Alleghany Corporation was seeking alternative acquisition offers expired on April 14 without securing more attractive bids than the one made by Warren Buffett’s Berkshire Hathaway. The company spoke to 31 potential buyers, but didn't receive any offers.


Alleghany Corporation, Berkshire Hathaway, Acquisition, Share Buyout, Insurance, Reinsurance, North America

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