Berkshire Hathaway expands its homebuilding segment with a $6.8B cash deal for Taylor Morrison at $72.50 per share.
Berkshire Hathaway has completed its acquisition of homebuilder Taylor Morrison for $72.50 per common share in cash. The deal values Taylor Morrison at $6.8B in total equity, integrating it into Berkshire’s Clayton Properties operations.
The transaction follows Berkshire’s strategic push into the housing market, leveraging its cash reserves for sector expansion. No prior bids or competing offers were disclosed, and the per-share price reflects a premium to Taylor Morrison’s recent trading levels.
The acquisition is expected to bolster Berkshire’s presence in the U.S. homebuilding industry, though no immediate market reaction was reported.