The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.
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Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).
Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.
For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.