Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday August 7 through Sunday August 9, 2015

:

Snap-on Incorporated

announced Friday, that it acquired the assets of Ecotechnics S.p.A., a designer and manufacturer of automatic vehicle air conditioning maintenance equipment, for approximately $13 million in cash. Snap-on closed at $166.15 on Friday, a gain of $0.19.

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Berkshire Hathaway Inc

is close to a deal to acquire Precision Castparts Corp

, as reported by the

on Saturday. The deal that could be valued at more than $30 billion, according to sources. That would indicate a price of roughly $215 to $220 per share for Precision Castparts. The deal could be announced as soon as this week. Precision Castparts closed at $193.88 Friday, a gain of $0.07.

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Share of Symetra Financial Corp

spiked higher late Friday, on a report from

that the ensurer has been considering a potential sale, according to sources. Symetra reportedly has been working with investment bankers and has spoken to possible buyers, though a deal is not imminent, said the sources. A spokesperson for Symetra declined comment on the rumor. Symetra closed at $26.77 Friday, a gain of 9.5%.

:

Pearson

could announce the sale of its stake in the publisher of

for £400m, as soon as this week, according to sources, as report by

. The likely buyers are the De Rothschild family and Exor

, say the sources. Pearson agreed last month to sell the

to Nikkei last month for £844m. Pearson closed at $18.45 Friday, a loss of $0.05.