Berkshire Hathaway Inc. and Alleghany Corporation announced the completion of Berkshire Hathaway’s acquisition of Alleghany. Holders of Alleghany common stock as of immediately before the closing of the transaction are entitled to receive US$848.02 per share in cash, representing a total equity value of approximately US$11.6 billion.

Goldman Sachs & Co. LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal advisor to Alleghany. Munger, Tolles & Olson LLP served as legal advisor to Berkshire Hathaway.

Bennett Jones provided Canadian regulatory advice to Willkie Farr & Gallagher LLP and Alleghany Corporation.