US firm Sempra beats Warren Buffett with $9.4B bid for Oncor
US utility company Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery for $9.45 billion (â¹60,600 crore), topping a bid by Warren Buffett's Berkshire Hathaway. Sempra's deal for Energy Future, which owns 80% of Oncor, is valued at around $18.8 billion including debt. Notably, Energy Future declared bankruptcy in 2014.