Berkshire Hathaway acquired Precision Castparts Corp. for Approximately $37.2 billion including assumed debt ($235 per share; aggregate consideration ~$32.7 billion including PCC shares Berkshire already held), a transaction completed in January 2016, structured as all cash.
Precision Castparts Corp. operates in Manufacturing (aerospace / industrial components). Precision Castparts makes complex metal components and products, including investment castings, forgings, fasteners and fastener systems, and aerostructures used in critical aerospace and power-and-energy applications. Berkshire agreed to buy all outstanding PCC common stock for $235 per share in cash and closed the deal on January 29, 2016, funding it with cash on hand plus $10 billion drawn under a 364-day revolving credit line that was later repaid from a note issuance.
Market-leading, hard-to-replicate aerospace and industrial castings/forgings franchise with durable demand.
Berkshire acquired all outstanding common stock of Precision Castparts Corp. for $235 per share in cash pursuant to a definitive merger agreement dated August 8, 2015. The aggregate consideration paid was approximately $32.7 billion, which included the value of PCC shares we already owned.Berkshire Hathaway FY2016 10-K, Business Acquisitions note
Advisory firms were not disclosed for this transaction.