Berkshire to buy Precision Castparts in biggest-ever deal

August 10, 2015 11:09 AM

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Berkshire to buy Precision Castparts in biggest-ever deal

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) agreed to buy aircraft components maker Precision Castparts Corp (PCP.N) in its biggest deal ever.

Berkshire's offer of $235 per share is a premium of 21.2 percent to Precision Castparts' Friday close of $193.88.

Also read: Consolidated Communications to buy FairPoint in $1.5 billion deal

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