Deals
Berkshire Hathaway Said to Be Among Leading Oncor Bidders
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Warren Buffett’s Berkshire Hathaway Inc. submitted a bid for Energy Future Holdings Corp.’s Oncor Electric Delivery Co., people familiar with the talks said, joining NextEra Energy Inc. as a top contender to buy Texas’ biggest transmission operator.
Energy Future is mulling offers that value Oncor at about $18 billion, according to the people, who asked not to be identified because the information is private. The process is fluid and the leading bidders have switched places several times, the people said.