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158 news items in Mergers / Acquisitions. Show all
U.S. President Joe Biden has blocked the USD 14.3 bln acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns. The deal, first announced in December 2023, has been politically contentious…
Molan Steel Co. announced the acquisition of Mayar International Industry for SAR 34.88 mln (USD 9.28 mln) in a deal financed through internal resources. According to a statement to Tadawul, the agreement involves…
Sidenor has acquired Eplus, a Catalan company based in Artes, Barcelona, specializing in industrial waste management and recovery. The move aligns with Sidenor's strategy to foster sustainable growth and strengthen its…
Japan's Nippon Steel has extended the closing period for its USD 15 bln acquisition of U.S. Steel, expressing confidence that the deal will bolster the American company's growth and security. The estimated closing date…
Jindal Saw announced it has signed an agreement to acquire a 31.20pct equity stake in ReNew Green Energy. In a regulatory filing, Jindal Saw stated, "We have entered into a share purchase agreement with ReNew Green…
Nippon Steel's USD 15 bln bid to acquire U.S. Steel has been referred to President Joe Biden, who has 15 days to make a decision, according to a White House spokesperson. Biden, who previously expressed opposition to…
Champion Iron Limited has entered into a binding agreement with Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kamistiatusset Project (Kami Project). The partners will initially contribute USD…
Vallourec, a global leader in seamless tubular solutions, has announced an agreement to sell the majority of its Dusseldorf-Rath production site to CTP, Europe's largest publicly-listed industrial property developer…
India's Competition Commission (CCI) has approved the acquisition of Thyssenkrupp Electrical Steel India Pvt Ltd by JSquare Electrical Steel Nashik Pvt Ltd, a subsidiary of JSW JFE Electrical Steel Pvt Ltd (J2ES). J2ES…
The national security review of Nippon Steel's USD 15 bln bid for U.S. Steel is ongoing, with President Joe Biden awaiting the Committee on Foreign Investment in the United States (CFIUS) recommendation, expected by…
U.S. President-elect Donald Trump has reiterated his opposition to Japanese steelmaker Nippon Steel's proposed acquisition of U.S. Steel, vowing to block the deal and strengthen the iconic American company through tax…
Japanese steel distribution giant Marubeni-Itochu Steel Inc. announced that its UK subsidiary, Barclay & Mathieson Limited (B&M), has acquired 100pct of the shares in Angus F. Gunn Limited. Founded in 1958 and based in…
Peabody has agreed to acquire steelmaking coal assets from Anglo American plc, accelerating its strategy to shift its global coal portfolio toward seaborne metallurgical coal. The transaction, valued at USD 2.32 bln in…
Acerinox, a multi-national high-performance alloy and stainless steel manufacturing group based in Madrid, Spain, has finalized the acquisition of Haynes International through its U.S. subsidiary, North American…
Celsa has agreed to sell 100pct of its subsidiaries in the UK and Nordics to Sev.en Global Investments, a Czech investment group focused on power generation and mining, the company announced in a press release. The sale…
Tubacex Group, a global leader in advanced industrial solutions for energy and mobility, has finalized a USD 200 mln strategic partnership with Mubadala Investment Company, Abu Dhabi's sovereign investor, in its Oil…
Transformers and Rectifiers (India) Ltd. (TARIL) has announced a strategic investment in Posco Poggenamp Electrical Steel, acquiring a controlling stake, according to a stock exchange filing. Posco Poggenamp…
India's Sandur Manganese & Iron Ores Limited (SMIORE) board has approved the acquisition of an additional 20pct stake in Arjas Steel Private Limited (ASPL), bringing its total equity shareholding to 100pct, the company…
Germany's second-largest steel producer, Salzgitter AG, announced that its major shareholder, GP Gunter Papenburg Aktiengesellschaft, in collaboration with TSR Recycling GmbH & Co. KG, is considering submitting a…
Cleveland-Cliffs Inc. has announced that it has obtained the necessary regulatory and program approvals under the Investment Canada Act and the Strategic Innovation Fund, completing the final steps needed for its…
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