The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday:** Warren Buffett's Berkshire Hathaway Inc struck a deal to purchase a Phillips 66 business that makes chemicals to improve the flow potential of pipelines for around $1.4 billion of stock.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.25% or $447.7969/share to $177517.00. In the past year, the shares have traded as low as $136850.00 and as high as $178900.00. On average, 448 shares of BRK-A exchange hands on a given day and today's volume is recorded at 145.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.26% or $0.31/share to $118.35. In the past year, the shares have traded as low as $91.29 and as high as $119.30. On average, 3377370 shares of BRK-B exchange hands on a given day and today's volume is recorded at 1154563.
Phillips 66 is a holding company. The Company is engaged in producing natural gas liquids (NGL) and petrochemicals. Shares of PSX traded higher by 2.86% or $2.14/share to $76.86. In the past year, the shares have traded as low as $50.12 and as high as $75.60. On average, 3417040 shares of PSX exchange hands on a given day and today's volume is recorded at 1858182.
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