Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
Buffett’s Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake’s value was reflected on its books.Berkshire now owns 92% of Berkshire Hathaway Energy, whose businesses include energy, utility and pipeline operations and a large U.S. real estate brokerage.
