<p>Berkshire Hathaway's energy business is close to a deal to acquire Oncor, the electric-utility company based in Texas, according to <a href="https://www.wsj.com/articles/warren-buffetts-berkshire-nears-a-deal-to-buy-oncor-1499363036">The Wall Street Journal</a>. </p><p>The deal could be announced as soon as Thursday, reported Dana Mattioli and Nicole Friedman, citing people familiar with the matter. </p><p>In late June, Berkshire invested<span> $377 million in <a href="http://markets.businessinsider.com/stock/STOR-Quote">Store Capital</a>, a real estate investment trust.</span></p><p><a href="http://www.businessinsider.com/berkshire-hathaway-warren-buffett-oncor-deal-acquisition-2017-7">More to come ... </a></p><p><span> </span></p><p> </p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/economist-explains-trump-pulls-us-out-nafta-2017-6">An economist explains what could happen if Trump pulls the US out of NAFTA</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5jZTNsYjE6V8r9y4OiTCRi5w7Ti-XOGh" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '5jZTNsYjE6V8r9y4OiTCRi5w7Ti-XOGh',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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Warren Buffett's Berkshire Hathaway is reportedly close to buying an electric-utility giant

Berkshire Hathaway's energy business is close to a deal to acquire Oncor, the electric-utility company based in Texas, according to The Wall Street Journal. The deal could be announced as soon as Thursday, reported Dana Mattioli and Nicole Friedman, citing people familiar with the matter. In late June, Berkshire invested $377 million in Store Capital, a real estate investment trust.More to come ... NOW WATCH: An economist explains what could happen if Trump pulls the US out of NAFTA if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '5jZTNsYjE6V8r9y4OiTCRi5w7Ti-XOGh',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Berkshire Hathaway's energy business is close to a deal to acquire Oncor, the electric-utility company based in Texas, according to The Wall Street Journal. The deal could be announced as soon as Thursday, reported Dana Mattioli and Nicole Friedman, citing people familiar with the matter.

Warren Buffett's Berkshire Hathaway is reportedly close to buying an electric-utility giant

Akin Oyedele

NOW WATCH: An economist explains what could happen if Trump pulls the US out of NAFTA

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