Nippon Steel sends letter to Biden over U.S. Steel acquisition
WEB5 days ago · Nippon Steel Corp. said Friday it has sent a letter to U.S. President Joe Biden, as its $14.1 billion buyout of United States Steel Corp. is at risk of falling through. The letter, signed by Nippon Steel Chairman and CEO Eiji Hashimoto and U.S. Steel President and CEO David Burritt, was sent on Sunday. Biden is reportedly preparing to …
Nippon Steel, U.S. Steel make last-ditch effort to win US nod, …
WEBWASHINGTON, Sept 11 (Reuters) - A top Nippon Steel (5401.T) executive and U.S. Steel's CEO are meeting with senior U.S. officials on Wednesday in an effort to salvage Nippon's $14.9...
U.S. Blowback to Nippon Steel-U.S. Steel Merger Vexes Japan
WEBSept. 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...
Biden close to blocking Nippon Steel deal to buy U.S. Steel, …
WEBSep 4, 2024 · The White House is close to announcing President Joe Biden will block Nippon Steel's acquisition of U.S. Steel citing national security concerns, two sources familiar with the situation said...
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...
US prepares to block Nippon Steel takeover of US Steel - BBC News
WEBSep 4, 2024 · The $15bn deal was announced by Japan's Nippon Steel and US Steel last year. It would have created one of the world's biggest steel companies outside of China and had been hailed by investors as ...
News Release - Nippon Steel Corporation
WEBSep 11, 2024 · Nippon Steel Announces Transformative Investments at U. S. Steel’s Mon Valley Works and Gary Works
U.S. Steel Shareholders Approve Biden-Contested Buyout From Nippon Steel
WEBApr 12, 2024 · United States Steel announced Friday its shareholders approved the $14.1 billion sale of the company to Japan-based Nippon Steel, which has received pushback from regulators and President Joe...
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 ...
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...