May 30 Reuters U.S. Steel Corp and Japan39;s Nippon Steel have received all regulatory approvals outside of the United States for their proposed 14.9 billion merger, the companies said on Thursday. Nippon had clinched the deal to buy U.S. Steel last December, after edging out rivals including ClevelandCliffs, ArcelorMittal and Nucor. The steelmakers now need to secure an […]

BRUSSELSMILAN, May 30 Reuters U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22billioneuro 24 billion acquisition of Telecom Italia39;s TIM fixedline network. The deal is significant as it marks the first time that a former phone monopoly in a major European country is divesting its landline grid. The European Commission39;s […]

May 30 Reuters Hormel Foods missed market expectations for secondquarter sales on Thursday as the Wholly dips maker grapples with weakness in its mainstay retail business, offsetting steady demand for its higherpriced meat products. Shares of the Planters brand owner were down about 7 as the company reported total volume decline of 3.6. Sales at Hormel39;s […]