Subject: Barrons on OXY Chem Deal
"Berkshire Hathaway’s $9.7 billion cash deal to buy Occidental Petroleum’s chemical business is looking like a smart purchase and a win for CEO Greg Abel, who played a key role in the transaction.

The OxyChem deal, which was reached in October and closed in early January, occurred because Occidental Petroleum, a leading U.S. oil and gas producer, was seeking to cut debt”

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