Berkshire Hathaway is negotiating to buy Occidental Petroleum’s chemical arm OxyChem for about $10 billion

Berkshire Hathaway is negotiating a deal to buy Occidental Petroleum’s petrochemical arm for about $10 billion, according to a report from The Wall Street Journal. This would be the conglomerate’s largest purchase since its $11.6 billion acquisition of Alleghany in 2022, and the Journal said an agreement could be reached within days.