Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Precision Castparts Corp. (NYSE: PCP) expect Berkshire´s acquisition of PCC to close on Friday, January 29, 2016, the companies said.
The appropriate waiting periods (including extensions thereof) have expired or been terminated and the appropriate clearances or approvals have been granted (or deemed granted in accordance with relevant law) in the necessary jurisdictions.
Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services.
Precision Castparts is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets.