A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo.
Category: Mergers, Acquisitions and Divestitures
-
7-Eleven Rejects Takeover Bid From Big Canadian Chain
Japan’s Seven & i Holdings, the operator of 7-Eleven, has rebuffed a buyout offer that would have been the largest foreign-led acquisition of a Japanese company.
-
Larry Ellison Will Control Paramount After Skydance Merger
An F.C.C. filing shows that companies affiliated with Mr. Ellison will own most of the voting interest currently held by Shari Redstone.
-
How Swing State Politics Are Sinking a Global Steel Deal
As the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the debate over national and economic security is being dwarfed by presidential politics.
-
Biden Expected to Block U.S. Steel Takeover
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.
-
Nordstrom Family Offers $3.8 Billion to Buy Its Namesake Retailer
The $23-per-share offer by the department store’s founding family comes as retailers struggle to navigate new shopping trends and costly real estate.
-
Hewlett Packard to Pursue $4 Billion Claim Against Mike Lynch’s Estate
The money is tied to a lawsuit in Britain by the tech services giant over its acquisition of Autonomy, the software firm Mr. Lynch founded. He died last month.
-
When Property Investors Want Out, These Bargain Hunters Rush In
Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.
-
Edgar Bronfman Jr. Drops Pursuit of Paramount
Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.
-
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court
The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits.