Berkshire Hathaway acquired Duracell Company (from The Procter & Gamble Company) for Not separately disclosed; funded by exchanging Berkshire's P&G common stock for Duracell (P&G capitalized Duracell with ~$1.7 billion cash before the swap), a transaction completed in February 2016, structured as all stock (share exchange). The deal was a Carve-out.
Duracell Company (from The Procter & Gamble Company) operates in Consumer products (batteries), is based in Chicago, Illinois. Berkshire acquired the Duracell battery business from Procter & Gamble by exchanging its holding of P&G common stock for 100% of Duracell's stock, closing in late February 2016. Duracell, headquartered in Chicago, is a leading maker of high-performance alkaline batteries with manufacturing in the U.S., Europe and China. Berkshire recorded a non-cash gain of about $1.9 billion on the exchange.
A well-known consumer brand acquired on tax-advantaged terms.
Berkshire acquired the Duracell Company on February 26, 2016 from the Proctor & Gamble Company. Duracell, headquartered in Chicago, Illinois, is a leading manufacturer of high performance alkaline batteries.Berkshire Hathaway FY2016 10-K, Business description
Advisory firms were not disclosed for this transaction.