BRUSSELS—The European Union’s antitrust enforcer on Tuesday blocked the planned merger of two steelmaking businesses, India’s Tata Steel Ltd. and Germany’s Thyssenkrupp AG, saying the resulting company would have reduced competition in the supply of special steel for the car and packaging industries.
Competition commissioner Margrethe Vestager said the two companies failed to propose sufficient remedies to address the EU’s concerns. “We prohibited the merger to avoid serious harm to European industrial customers and consumers,”...
Have you checked this out? High comedy from out of touch elitists address children in debt peonage soon be face wage slavery. It's great!
the United States says thank you for weakening the competition. cheers.
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Aerospace giants Raytheon, United Technologies announce mergerAerospace giants Raytheon and United Technologies announce merger that would create defense a behemoth second only to Boeing Yay! The military industrial complex is getting bigger! We need to spend more money on bombs. To hell with the average American & their petty needs like infrastructure, housing, health care & education. I'm sure Raytheon & UTC lobbyists will see to it. DMRegister NPR RepCindyAxne CNN SenJoniErnst ChuckGrassley FoxNews So much for competition and capitalism.
Herkunft: NBCNews - 🏆 10. / 86 Weiterlesen »
Renault-FCA merger idea remains good opportunity: France's Le MaireThe idea of a merger between Renault SA and Fiat Chrysler (FCA) remains a good o...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
What to watch today: Stocks to rally, China's huge trade surplus, and an aerospace mega-mergerU.S. futures point to a higher Wall Street open, following the deal announced by President Trump late Friday to avoid the imposition of tariffs on Mexico.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
United Tech chief says Raytheon merger does not require Chinese approval: BloombergThe chief executive of United Technologies Corp said in a television interview t... How much Raytheon stock does Trump own? Safe to assume this is to help get the Saudi's nukes and begin a mars/moon mission. A few trillion dollars? Without chinese approval i say you will not have a merger learn to respect boy your money here you will not get a penny until u learn respect
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »