Deals
Buffett’s MidAmerican May Pursue Buyouts, CreditSights Says
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Warren Buffett’s Berkshire Hathaway Inc. may pursue acquisitions for its MidAmerican Energy Holdings Co. unit as the billionaire chairman seeks to boost investments in capital-intensive industries, CreditSights Inc. said.
Ameren Corp. and Pinnacle West Capital Corp. are among the firms that MidAmerican may consider acquiring, the debt-analysis company said in a note late yesterday. Buffett named Gregory Abel as chairman of MidAmerican last week right as David Sokol resigned the post after investing his personal funds in a company that Berkshire bought.