Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • Resources
    • Voices
  • Advertise
  • SUBSCRIBE

Berkshire’s Lubrizol Deal has $200M Break-Up Fee

By Pharmaceutical Processing | March 16, 2011

OMAHA, Nebraska (AP) — If Warren Buffett’s deal to buy
specialty chemical company Lubrizol Corp. falls apart, Buffett’s Berkshire
Hathaway Inc. will receive $200 million.

Lubrizol revealed the break-up fee for the $9 billion deal
Tuesday in documents filed with the Securities and Exchange Commission. The
companies announced the cash deal, which includes about $700 million in debt,
on Monday.

Lubrizol says it agreed to the deal with Omaha-based Berkshire on Sunday.

If regulators and Lubrizol shareholders approve the $135 per
share offer, the companies expect Lubrizol to become a Berkshire
subsidiary sometime in the third quarter.

Lubrizol, based in Wickliffe,
Ohio, makes chemicals for pharmaceutical
companies, fuel additives for gasoline and diesel and other ingredients for the
transportation sector.

 

Related Articles Read More >

Great Point Partners logo.
Great Point Partners acquires majority stake in Eutecma to fuel sustainable cold chain growth
Driving success in fast-paced high-tech pharma construction projects
This is a photo of the Fujifilm Diosynth Biotechnologies plant under construction in Holly Springs, North Carolina.
Fujifilm, Regeneron ink $3B U.S. manufacturing agreement
This is the logo of Johnson & Johnson.
J&J breaks ground on $2B manufacturing facility in North Carolina
“ppw
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest news, technologies, and developments in Pharmaceutical Processing.

DeviceTalks Tuesdays

DeviceTalks Tuesdays

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Pharmaceutical Processing World
  • Subscribe to our E-Newsletter
  • Contact Us
  • About Us
  • R&D World
  • Drug Delivery Business News
  • Drug Discovery & Development
  • DeviceTalks
  • MassDevice
  • Medical Design & Outsourcing
  • MEDICAL TUBING + EXTRUSION
  • Medical Design Sourcing
  • Medtech100 Index
  • R&D 100 Awards

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • Resources
    • Voices
  • Advertise
  • SUBSCRIBE