NEW YORK: US investment guru Warren Buffett’s Berkshire Hathaway said Monday it would buy Precision Castparts, a leading supplier to the global aerospace industry, for $37.2 billion. Berkshire Hathaway will pay $235 per share in cash for all PCC’s outstanding shares, making it a wholly owned subsidiary. Precision Castparts will keep its name and its headquarters in Portland, Oregon. The transaction is valued at about $37.2 billion, including PCC net debt, the firms said in a joint statement. The acquisition, one of Berkshire’s largest takeovers, is expected to be completed in first quarter of 2016.