For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ...
If Cleveland-Cliffs ends up buying U.S. Steel, it will enjoy a near-monopoly on a variety of steel products produced in America. Combine that with the fact that tariffs and other trade barriers ...
Cleveland-Cliffs (CLF), to prevent the Nippon purchase so Cliffs could buy US Steel at a lower price and establish a monopoly in some corners of the domestic steel market. Analysts think the ...
This comes after President Joe Biden recently blocked Japan-based Nippon Steel from buying U.S. Steel ... and that Cleveland Cliffs will have a monopoly on the industry. However, Goncalves ...
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U.S. Steel Stock Jumps on Hopes for Other BiddersThe bidding war for United States Steel is heating up. CNBC reported Monday that Nucor and Cleveland-Cliffs were considering a joint bid for U.S. Steel. Nucor declined to comment on the report.
Dangote said his company has halted the proposed investment in the Nigerian steel industry to avoid being accused of monopoly. Africa's richest man and chairman of Dangote Industries Limited (DIL ...
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