Since the utility’s shares aren’t publicly traded, it’s hard to estimate the value of the deal.
OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway is buying the rest of its utility unit from the estate of a longtime board member who died three years ago, but it’s not clear exactly how much it will pay for that 8% stake in the massive utility business.
Berkshire Hathaway Energy said in a regulatory filing Tuesday that it will pay Walter Scott’s family $2.4 billion cash and issue a number of Class B Berkshire shares that are equivalent to 1.6 million shares of the utility business, but since the utility’s
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