The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company. By Alan Rappeport, Andrew Duehren and Lauren Hirsch The Biden administration is ...
President Joe Biden's administration has extended a review of Nippon Steel's proposed takeover of US Steel, officials said on Tuesday (Sep 17), effectively pushing the politically sensitive ...
Nippon and U.S. Steel agreed to the $14.9 billion deal last December. But in March, President Biden said it was “vital” for U.S. Steel to remain “an American steel company.” Last month, ...
Here's what you need to know about the proposed sale of U.S. Steel to the Nippon Steel Corporation. What is the Nippon U.S. Steel deal? In 2023, Nippon Steel Corporation agreed to purchase U.S ...
After spending more than a week trying to secure a meeting with the president of the United Steelworkers union, Nippon Steel’s Takahiro Mori finally got an answer. But it was not the one he wanted.
Washington — With a deal still in flux, the U.S. auto industry keeps pushing top government officials to allow the proposed acquisition of United States Steel Corp. by Japanese rival Nippon ...
US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...
Detroit — U.S. Steel Corp. CEO David Burritt told a crowd in the Motor City — where many major steel customers reside — that he expects a sale of the company to Japan's Nippon Steel Corp ...
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the ...
WASHINGTON (Reuters) - Nippon Steel defended its $14.9 billion bid for U.S. Steel , arguing it would strengthen the U.S. Steel industry and that politics are motivating the U.S. opposition to the ...
Sept 17 (Reuters) - A national security committee reviewing Nippon Steel's (5401.T), opens new tab bid for U.S. Steel (X.N), opens new tab granted a request by the companies to refile their bid ...
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