Depends on the country. Some are more protective of industries than others so they will block any foreign companies buying domestic ones.
Is it a good idea? The steel market is pretty competitive and US Steel is far from the leader in the market. They were a monopolistic power 120 years ago but they peaked over 100 years ago and have declined significantly since then.
Depends on the country. Some are more protective of industries than others so they will block any foreign companies buying domestic ones.
Is it a good idea? The steel market is pretty competitive and US Steel is far from the leader in the market. They were a monopolistic power 120 years ago but they peaked over 100 years ago and have declined significantly since then.