Berkshire Hathaway completes Taylor Morrison acquisition and expands CORT globally

Corporate Action
โดย Simply Wall St·Read original
Summary · why it matters

Berkshire Hathaway has completed its acquisition of Taylor Morrison, making it the fourth largest US homebuilder. The company also announced that its subsidiary CORT is expanding globally through a deal with Dwellworks Living. These moves increase Berkshire Hathaway's presence in residential construction and global mobility and temporary living services. Berkshire Hathaway shares trade around $744,999.99, and the stock has returned 39.7% over three years and 77.8% over five years, with a 2.6% gain over the past year.

Impact on stocks 2

Energy Transition & Power Demand · 1 stocks
Berkshire Hathaway Inc
BRK-B
▲ PositiveCapitalrelevance

Berkshire Hathaway completed acquisition of Taylor Morrison and expanded CORT globally, increasing its presence in residential construction and global mobility services.

Consumer Discretionary · 1 stocks
Taylor Morn Home
TMHC
▲ PositiveCapitalrelevance

Taylor Morrison was acquired by Berkshire Hathaway, making it the fourth largest US homebuilder.

Off-coverage companies 2

CORT Business ServicesPrivate▲ Positive
Demandrelevance

CORT is expanding globally through a deal with Dwellworks Living, increasing its temporary living services.

DwellworksPrivate▲ Positive
Demandrelevance

Dwellworks Living entered a deal with CORT for global expansion of mobility and temporary living services.