Berkshire Hathaway aims at making an important acquisition

Berkshire Hathaway has announced its intention to carry out an important merger and acquisition transaction.
The US insurer specifies in its annual letter to shareholders that it has 116 billion USD in cash and can conduct ambitious operations.

The US giant generated, in 2017, a record net result of 44.94 billion USD. Operating profit, however, fell by 18% to settle at 14.46 billion USD. The large-scale natural disasters that have occurred over the past year acount for to this decline.