Berkshire Hathaway Acquires Taylor Morrison for $6.8 Billion to Enhance Housing Portfolio
Berkshire to buy Taylor Morrison for $6.8 bn in cash to expand in housing
Image: Business Standard
Berkshire Hathaway has agreed to purchase Taylor Morrison Home Corp for $6.8 billion in cash, marking its first major acquisition under CEO Greg Abel. The deal, which values Taylor Morrison at $8.5 billion, aims to integrate homebuilding operations and enhance housing accessibility in the U.S.
- 01Berkshire Hathaway will pay $72.50 per share for Taylor Morrison, a 24% premium over its recent closing price.
- 02The acquisition is valued at an enterprise value of $8.5 billion, with Taylor Morrison reporting $782.5 million in net income for 2025.
- 03Taylor Morrison ranks as the sixth largest homebuilder in the U.S., operating in 12 states under various brands.
- 04The transaction aims to create a unified platform for homebuilding, enhancing the buying process for consumers.
- 05Sheryl Palmer will continue as CEO of Taylor Morrison post-acquisition.
Advertisement
In-Article Ad
Berkshire Hathaway announced its agreement to acquire Taylor Morrison Home Corp for $6.8 billion in cash, marking a significant expansion in its housing business. This acquisition is the first major move since Greg Abel took over as CEO in 2026, succeeding Warren Buffett, who remains as chairman. Berkshire plans to pay $72.50 per share, representing a 24% premium over Taylor Morrison's recent closing stock price of $58.50. The deal values Taylor Morrison at an enterprise value of $8.5 billion. In 2025, Taylor Morrison reported a net income of $782.5 million on revenues of $8.12 billion. Abel highlighted Taylor Morrison as a top national homebuilder, with plans to unify operations under a combined platform to streamline home purchases for Americans. Taylor Morrison operates in 12 U.S. states and offers various housing options, including entry-level and resort-style homes. The transaction is expected to close in the second half of 2026, pending regulatory and shareholder approvals, with Palmer remaining as CEO.
Advertisement
In-Article Ad
The acquisition is expected to streamline home buying processes, potentially increasing accessibility to housing for consumers in the U.S.
Advertisement
In-Article Ad
Reader Poll
What do you think about Berkshire Hathaway's acquisition of Taylor Morrison?
Connecting to poll...
More about Berkshire Hathaway
Read the original article
Visit the source for the complete story.