Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2% early Thursday, after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover of Nippon Steel and close the deal by year-end.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
Exclusive-US worries about steel supply for infrastructure after Nippon-US steel deal
Nippon Steel's proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, infrastructure, construction and agriculture projects,
Nippon Steel to Get Extension, Pushing Deal Review Past US Election
A US security panel has granted Nippon Steel Corp. permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November,
Japan’s Nippon Steel gets 3 month reprieve as Washington pushes review of U.S. Steel bid past the election
President Joe Biden, Democratic nominee Kamala Harris and Republican nominee Donald Trump all oppose Nippon Steel's $14.9 billion takeover bid for U.S. Steel.
US Steel CEO Confident Nippon Steel Deal Will Close 'On Its Merits'
DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its merits," despite political opposition and concerns raised in a national security review.
Biden administration gives Nippon Steel more time to make case for purchase of US Steel
Nippon Steel is expected to re-file its application for a national security review by American regulators of its $15 billion takeover bid of US Steel, sources familiar with the matter told CNN on Tuesday,
Reuters10d
Nippon Steel exec flies to Washington in last attempt to save US Steel deal, FT reports
Sept 10 (Reuters) - Japanese steelmaker Nippon Steel's (5401.T), opens new tab vice-chair will meet senior U.S. officials in Washington on Wednesday in an attempt to save its proposed $14.9 ...
Japan PM Contender Hayashi Holds Out Hope for Nippon Steel Deal
Japan’s top government spokesman still hopes that Nippon Steel’s $14.1 billion takeover bid for US Steel Corp will be ...
Daijiworld9d
Rajasthan CM invites Japanese business community to invest in his state
A high-level delegation led by Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday was in the Japanese capital Tokyo as part of the preparations for the Rising Rajasthan Global Investment Summit ...
Workers are now job one for N.C.
With 52,700 jobs announced and a goal of 100,000 across central North Carolina, pressure mounts to ready the workforce.
Aspen Daily News13d
Stock market today: Wall Street falls sharply to close its worst week in nearly 18 months
Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy. The S&P 500 fell 1.7% Friday ...
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers
In Pennsylvania’s steel country, locals fight to keep their jobs at U.S. Steel even if it means foreign ownership.