A new rival bid for US Steel is emerging as the ... - Associated Press News
Jan 13, 2025 · The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, ... Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs. ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC News
Jan 3, 2025 · President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted...
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
Jan 3, 2025 · WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company.
News Release - Nippon Steel Corporation
Dec 26, 2024 · Nippon Steel Receives 2024 Award for Excellence in Corporate Disclosure from the Securities Analysts Association of Japan in Two Categories:Industry Specific and Disclosure to Individual Investors
Biden blocks Japan’s Nippon from taking over US Steel
Jan 3, 2025 · President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
U.S. Steel faces murky future after Biden blocks proposed ... - CBS News
Jan 3, 2025 · The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.
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...
NIPPON STEEL - Tag - The Japan Times
Jan 17, 2025 · Lourenco Goncalves’ remarks over Nippon Steel’s takeover bid for U.S. Steel and description of Japan as being "evil" stunned many in Tokyo. An offer would involve Cleveland-Cliffs acquiring...
Nippon Steel sets sights on overseas market in its bid to acquire …
Dec 7, 2024 · KASHIMA--The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel.
Biden blocking U.S. Steel takeover could test ties with key ally Japan
Sep 12, 2024 · A failure to acquire U.S. Steel would be a harsh blow to expansion plans at Nippon Steel, Japan’s largest steelmaker, which is focusing on investment in the U.S. and India after having...
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