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A new rival bid for US Steel is emerging
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs,
US extends deadline on Nippon bid for US Steel
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
U.S. Steel Stock Jumps as US Extends Deadline for Nippon Steel to Axe Takeover
U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of the American steelmaker.
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.
Biden administration delays enforcement of order blocking Nippon-U.S. Steel deal until June
CNBC's Becky Quick reports on the latest news.
Japan PM tells Biden 'strong' concerns over steel deal
Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel's takeover of US Steel raised "strong" concerns in both countries, local media reported Monday.
Japan PM asks Biden to allay business community concern over status of Nippon steel-U.S. Steel deal, Jiji says
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business community over the status of Nippon Steel's planned acquisition of U.S. Steel, Jiji news agency said on Monday.
Cleveland-Cliffs mulls purchase of U.S. Steel
Cleveland-Cliffs mulls purchase of U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs CEO calls Japan ‘evil’ as he reiterates interest in acquiring U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil.”
Cleveland-Cliffs Partners With Nucor to Potentially Bid for US Steel, CNBC Reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources. According to the report, Cleveland-Cliffs would purchase U.S. Steel in an all-cash deal and then sell the company's Big River Steel subsidiary to Nucor.
6d
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
Wilson Center
8h
Rejection of Nippon-US Steel Deal Demonstrates Need for Better National Security Guidelines
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
CNN on MSN
8d
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon
Steel
, whose multibillion-dollar proposal to buy struggling US
Steel
was blocked by President Joe Biden last ...
6d
on MSN
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
Business Wire
7d
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
Reuters
8d
Despite Nippon Steel, US and Japan say ties stronger than ever
In remarks to the media, at which no questions were taken, Blinken did not mention
Nippon
Steel
, but a statement from Japan's foreign ministry said he and Iwaya "exchanged views on the economy ...
6d
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
2d
Allegiance: A tale of two threatened Pennsylvania steel companies
Federal interference threatened operations for two Pennsylvania steel companies this year. The allies on the battlefield, ...
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