Biden Administration Extends Review Period for Nippon Takeover of U.S ...
WEB2 days ago · His comments, made at the Detroit Economic Club, came as U.S. Steel has been facing a political storm over Nippon’s $15 billion takeover bid. Top Republicans and Democrats, Mr. Biden, Ms. Harris ...
US Steel: Biden administration gives Nippon Steel more time to …
WEB2 days ago · 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 ...
US Steel’s shareholders just voted to end more than a century of ...
WEBApr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has...
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
WEBAug. 26, 2024. When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in its...
Biden prepared to block US Steel purchase by Nippon Steel
WEBSep 5, 2024 · President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14...
U.S. Steel's stock up 2% after offering strong guidance and …
WEB17 hours ago · U.S. Steel said it's still confident it can win the necessary approvals for its planned takeover by Nippon Steel and can close the deal by year-end United States Steel Corp.'s stock rose 2.2% ...
Biden opposes Nippon Steel's US Steel takeover plans | AP News
WEBMar 15, 2024 · WASHINGTON (AP) — President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to “maintain strong American steel companies powered by American steel workers.”
U.S. Steel to Be Bought by Japanese Rival After Takeover Drama
WEBDec 18, 2023 · U.S. Steel agreed on Monday to sell itself to Nippon Steel for $14.1 billion, capping months of speculation about the fate of the American industrial heavyweight.
US Steel shareholders approve takeover by Japan's Nippon Steel …
WEBApr 12, 2024 · U.S. Steel shareholders have overwhelmingly approved the firm’s sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal support for a combination that has drawn opposition from the Biden administration on economic and national security grounds.
US Steel agrees to sell itself to Japan’s Nippon Steel - CNN
WEBDec 19, 2023 · US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the iconic 122-year old company ...