Berkshire Hathaway to acquire P&G's Duracell

Reuters

Published Nov 13, 2014 13:02

(Reuters) - Berkshire Hathaway Inc (N:BRKa) said it would acquire Procter & Gamble Co's (N:PG) Duracell battery business.

Berkshire said Procter & Gamble will receive P&G shares worth about $4.7 billion (2.98 billion pounds) currently held by Berkshire.