Greg Abel Completes Two Major Acquisitions Totaling $16.5 Billion for Berkshire Hathaway
Since succeeding Warren Buffett as CEO, Greg Abel has executed two significant acquisitions: the $9.7 billion purchase of OxyChem and the $6.8 billion acquisition of homebuilder Taylor Morrison. These transactions represent approximately 4.5% of Berkshire Hathaway's reported Q2 2026 cash balance of $365.5 billion, indicating a disciplined approach to capital deployment that preserves the company's massive liquidity. The acquisitions suggest Abel is maintaining Buffett’s hallmark fiscal discipline while diversifying the portfolio into petrochemicals and residential construction. Beyond these M&A activities, Berkshire has also been active in secondary market investments, such as a $10 billion participation in Alphabet's capital raise, and has continued aggressive share buybacks to utilize its cash reserves.
Topics: Acquisitions Capital Allocation CEO Succession
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