Tag: Mergers and acquisitions

White House signaling it will likely stop Nippon Steel's plans to buy US Steel

WASHINGTON -- The White House is signaling an openness to blocking the acquisition of U.S. Steel by Nippon Steel, as a government review...

The CEOs of Kroger and Albertsons are in court to defend plans for a huge supermarket merger

PORTLAND, Ore. -- The chief executive officers of Kroger and Albertsons were set to testify in federal court Wednesday, midway through a three-week...

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management

DALLAS -- Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough...

From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised

Startups globally have faced challenges over the last couple of years when trying to exit, due to factors like a frozen IPO market...

Cows obstruct Nigeria's capital as climate change and development leave herders with nowhere to go

ABUJA, Nigeria -- At an intersection seven miles from the presidential villa, frustrated drivers honk as a herd of cattle feeds on the...

Kroger and Albertsons hope to merge but must face a skeptical US government in court first

The largest proposed grocery store merger in U.S. history is going to court.On one side are supermarket chains Kroger and Albertsons, which say...