Latest Mergers and acquisitions News
Biden will decide on US Steel acquisition after influential panel fails to reach consensus
WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to President Joe Biden, who opposes the deal. The...
El Salvador's Congress approves ending ban on metals mining
SAN SALVADOR, El Salvador (AP) — El Salvador's Congress approved Monday a law that would lift the country’s seven-year-old ban on mining for metals. The law, proposed by President Nayib Bukele and passed on a 57 to 3 vote, would allow mining everywhere except nature reserves and...
Nissan and Honda to attempt a merger that would create the world's No. 3 automaker
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed...
What a merger between Nissan and Honda means for the automakers and the industry
BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of...
Big Lots conducts going-out-of-business sales after sale of company falls through
NEW YORK (AP) — Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn't materialize. The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, filed for Chapter 11 bankruptcy...
What a merger between Nissan and Honda could mean for the automakers and the industry
BANGKOK (AP) — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price soared nearly 24% in Tokyo after reports citing unnamed sources said...
Companies from UK, Italy and Japan to form joint venture for new fighter jet
LONDON (AP) — The three companies building a next generation fighter jet for the U.K., Italy and Japan revealed Friday that they are forming a joint venture to deliver the aircraft. Under the agreement, Britain's BAE Systems, Italy's Leonardo and Japan Aircraft Industrial...
Albertsons sues Kroger for failing to win approval of their proposed supermarket merger
Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other of not doing enough to push their proposed alliance through. Albertsons said it had filed...
Proposed merger of supermarket giants Kroger and Albertsons is halted by federal, state judges
The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal. U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week...
Trump says he'll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece
WASHINGTON (AP) — President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission, Ron Johnson was nominated to be ambassador to Mexico, and Kimberly Guilfoyle to be ambassador to Greece. ...
