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Warren Buffett
- Striking the second biggest deal of his career and making a major move in the energy industry, billionaire investor Warren Buffett agreed Tuesday to pay $5.1 billion in cash to acquire Western states electric utility PacifiCorp.
www.nbcnews.com › id › wbna7962826
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Striking the second biggest deal of his career and making a major move in the energy industry, billionaire investor Warren Buffett agreed Tuesday to pay $5.1 billion in cash to acquire Western...
May 24, 2005 · Scottish Power on Tuesday agreed to sell PacifiCorp, its under-performing US arm, to a unit of Warren Buffett’s Berkshire Hathaway for $9.4bn (£5.14bn).
May 25, 2005 · MidAmerican will purchase PacifiCorp from ScottishPower, which acquired the utility in 1999 for $8 billion. In addition to the cash, MidAmerican will assume $4.3 billion in PacifiCorp debt and...
- Joe Ruff
After the merger with regulator approval on January 9, 1989, Pacific Power and Utah Power operated as divisions of PacifiCorp. In 2001, PacifiCorp was purchased by Scottish Power. Since 2006, PacifiCorp has been a wholly owned subsidiary of Berkshire Hathaway Energy (formerly MidAmerican), itself an affiliate of Berkshire Hathaway.
May 25, 2005 · LONDON, May 24 - Warren E. Buffett struck a deal on Tuesday to buy the electric utility PacifiCorp for $5.1 billion from Scottish Power, his largest purchase in eight years. Sounding a bullish...
Feb 26, 2024 · The U.S. government is threatening to sue PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway, to recover nearly $1 billion in costs related to the 2020 wildfires in southern Oregon and northern California, though the company is trying to negotiate a settlement.
Aug 12, 2015 · Berkshire subsidiary MidAmerican Energy Holdings bought Oregon's second-largest utility, PacifiCorp, in 2006, paying $9.4 billion to Britain's Scottish Power.
