Fate of US Steel’s deal with Japan’s Nippon is now up to ... - CNN
3 days ago · Shares of US Steel fell 3% in afterhours trading. Nippon agreed to buy US Steel a year ago for nearly double the price of the hostile offer the company received from US-based Cleveland Cliffs. To ...
Biden to decide US Steel deal after panel can't reach consensus - AP News
3 days ago · Many backers said Nippon Steel has a stronger financial balance sheet than rival Cleveland-Cliffs to invest the necessary cash to upgrade aging U.S. Steel blast furnaces. Nippon Steel pledged to invest $2.7 billion in United Steelworkers-represented facilities, including U.S. Steel’s blast furnaces, and promised not to import steel slabs that ...
Biden will decide on U.S. Steel-Nippon Steel deal after ... - CBS News
3 days ago · A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel ...
Biden to decide on US Steel deal after panel fails to reach ... - ABC News
3 days ago · A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel WASHINGTON ...
US-Japan steel deal goes to Biden for final decision after panel ...
3 days ago · A decision on whether to allow Nippon Steel’s proposed takeover of US Steel has fallen to United States President Joe Biden after a government panel failed to agree on possible national security ...
National Security Committee Forgoes Decision on U.S. Steel …
3 days ago · The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...
News Release - Nippon Steel Corporation
Dec 2, 2024 · JOGMEC Officially Awards Metropolitan Area CCS Project to INPEX, Nippon Steel and Kanto Natural Gas Development as part of Japanese Advanced CCS Projects
Nippon Steel committed to U.S. Steel takeover, aims to close in …
Dec 4, 2024 · Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition...
Nippon Steel seeks to close US Steel deal before Trump returns …
Nov 7, 2024 · Nippon Steel, Japan's top steelmaker and the fourth largest globally, agreed to buy US Steel in December but faced opposition from a powerful labour union as well as from Trump, and President...
U.S. Blowback to Steel Merger Vexes Japan - The New York Times
Sep 6, 2024 · The prospect that President Biden is ready to block a merger between Nippon Steel and U.S. Steel on national security grounds is stirring discontent in Tokyo, where some officials view the...
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