--Berkshire Hathaway, Inc. (BRKA) has been holding talks about a sale of its workers compensation unit, Applied Underwriters, Reuters reported Friday, citing "people familiar with the matter."

--Berkshire is in advanced talks with a group of insurance firms and a hedge fund backed reinsurance company, the report said.

--Applied Underwriters is outside Berkshire Hathaway's insurance focus, the report said.

 

Full story: https://www.reuters.com/article/us-berkshire-divestiture-insurance/buffetts-berkshire-hathaway-in-talks-to-sell-workers-compensation-unit-sources-idUSKCN1QB2CQ

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

February 22, 2019 16:19 ET (21:19 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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