New York – The Wall Street Journal is reporting that Warren Buffett’s Berkshire Hathaway Inc. is nearing a deal to buy Precision Castparts Corp. (PCC), citing people familiar with the matter. At an estimated $30 billion, the deal would rank as Berkshire’s largest.
PCC makes components such as fasteners and turbine blades for aircraft companies including Airbus Group SE and Boeing Co. Read more here.