Following a media report that claimed American President Joe Biden would halt it, Nippon Steel on Wednesday ( Dec. 11 ) criticized the “inappropriate” influence of politics on its planned takeover of US Steel. A figure in Washington is reviewing the deal for US$ 14.9 billion, including debts, as wellContinue Reading
TOKYO:  , The Japanese owner of 7-Eleven said on Friday ( Sep 6 ) it had rejected a takeover bid from retail giant Alimentation Couche-Tard (ACT), saying the proposal “grossly undervalues” the company. As the country’s biggest pleasure store string, 7-Eleven operates more than 85, 000 outlets worldwide. In aContinue Reading
China’s businesses have formally requested an anti-dumping investigation into meat imports from the European Union, according to the state-backed Global Times, escalating tensions after the bloc imposed anti-subvention duties on Chinese-made electric vehicles. After Brussels imposed tariffs of up to 38.1 per share on EVs made in China to protectContinue Reading