The following bids, mergers, acquisitions and disposals were reported by 1530 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.** South Korea has picked local lenders BS Financial Group Inc and JB Financial Group Co as preferred bidders to buy regional bank units of Woori Finance Holdings Co, top regulator Financial Services Commission (FSC) said. BS Financial offered more than 1.2 trillion won ($1.1 billion) for a 57 percent stake in Kyongnam Bank, while JB Financial submitted a bid of nearly 500 billion won for Kwangju Bank, wire service Yonhap reported.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A remained unchanged at $177074.00. 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 29.
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 0.11% or $0.13/share to $118.17. 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 291132.
Phillips 66 is a holding company. The Company is engaged in producing natural gas liquids (NGL) and petrochemicals. Shares of PSX traded higher by 2.66% or $1.991/share to $76.71. 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 603132.
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