Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle ...
While the merger is a necessary step to consolidate Tata Group’s airline assets, Air India faces stiff competition on both the international and domestic fronts. Its ability to overhaul ...
In late August, the Committee on Foreign Investment in the United States (CFIUS) raised concerns, highlighting that the merger could disrupt the steel supply chain critical to U.S. industries like ...
The stakes of the potential U.S. Steel–Nippon Steel merger are perhaps best illustrated in the city of Gary, which was built in 1906 by U.S. Steel to house workers at its Gary Works steel mill.
The U.S. Committee on Foreign Investment (CIFUS) is reportedly pushing back the Nippon merger review United States Steel Corp (NYSE:X) is back in the news today, after a Reuters report indicated ...
The Union Minister of Heavy Industries and Steel, during his Bhilai visit, addressed concerns over privatising public sector steel industries, promising decisions in the common man's interest.
Detroit — U.S. Steel Corp. CEO David Burritt told a crowd in the Motor City — where many major steel customers reside — that he expects a sale of the company to Japan's Nippon Steel Corp ...
The move by CFIUS came on the same day that David Burritt, the chief executive of U.S. Steel, offered a forceful defense of the proposed merger, saying the tie-up would strengthen America’s ...
On the first day of a critical hearing, Kroger attorney Matthew Wolf told the court "this merger will not occur" if the company got an unfavorable ruling. The proceeding, which is expected to last ...
The battle waged by the state of Washington to stop the proposed merger of Kroger and Albertsons is now playing out in a King County courtroom. The state filed suit to block the merger ...
Nippon Steel is pledging a $300 million investment into Gary Works if its merger with U.S. Steel goes through. The Japan-based steelmaker is pledging to revamp Blast Furnace #14 at U.S. Steel's ...
4, 2024, in Portland, Ore. The Federal Trade Commission is seeking a preliminary injunction to block a merger of supermarket companies Albertsons and Kroger. (AP Photo/Jenny Kane) FILE – The ...