Brown & Brown, Inc. acquires CHAPP and Citrus Insurance, expanding its capabilities in agricultural risk management services.

Schlumberger (SLB) to acquire ChampionX (CHX) in all-stock deal, valued at ~$7.8B, aiming to strengthen oilfield services leadership, offering 0.735 SLB shares for each CHX share, projecting $400M annual synergies within three years, while committing to return $7B to shareholders over two years.

Nippon Steel persists with its $15B acquisition of U.S. Steel, highlighting its commitment to American growth, despite Biden's preference for U.S. ownership, promising no layoffs and engaging with unions to secure support amidst political scrutiny.

The Alliance for Automotive Innovation urges the Biden administration to oppose Cleveland-Cliffs' potential acquisition of US Steel due to concerns of anti-competitive pricing for vehicles and the monopolistic control of domestic steel production.