Buffett's Berkshire Hathaway says not be increasing its Oncor offer
Aug 16 (Reuters) - The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will stand firm on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not be increasing its offer.
Berkshire Hathaway Energy's bid for Oncor includes 47 regulatory commitments that have the support of 12 key stakeholder groups across Texas, the company said. (Reporting by Subrat Patnaik in Bengaluru; Editing by Sandra Maler)
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