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TTI, Inc., a subsidiary of Berkshire Hathaway, acquired privately held Compona AG of Switzerland and its German subsidiary Cosy Electronics GmbH. Both are specialty distributors of interconnect products.
Gebr. Knauf KG will acquire all outstanding shares of USG Corporation in a transaction valued at approximately $7.0 billion. USG shareholders will receive $44.00 per share ($43.50 cash plus $0.50 special dividend). The combined company will be a global building materials leader. USG's headquarters will remain in Chicago.
Precision Castparts Corp., a Berkshire Hathaway subsidiary, has agreed to acquire Wilhelm Schulz GmbH, a Krefeld-based manufacturer of pipe fittings. The deal is under antitrust review; no purchase price disclosed.