From Alphabet to Warren Buffett: how the conglomerate was reborn

Google's radical restructuring seems inspired by the veteran investor's Berkshire Hathaway empire. Suddenly, the most unfashionable of corporate models is back

Conglomerates have been distinctly unfashionable among investors for decades. But that may be about to change.

Just as Warren Buffett put the final touches to a $37.2bn deal to add a nuts-and-bolts maker to his sprawling Berkshire Hathaway empire last week, Google founders Larry Page and Sergey Brin unveiled a restructuring that borrowed liberally from the sage of Omaha's rulebook.

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