U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
10 hours ago · The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year, U.S ...
News & Events :: United States Steel Corporation (X)
Dec 24, 2024 · View our latest events and presentations. View information pertaining to our Annual Meeting of Shareholders.
Nippon Steel Corporation and U. S. Steel Condemn U.S.
6 days ago · We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a clear violation of due process and the law governing CFIUS. Instead of abiding by the law, the process was manipulated to …
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to ...
3 days ago · TOKYO & PITTSBURGH--(BUSINESS WIRE)-- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. (“NSNA”), and United States Steel Corporation ("U. S. Steel") (NYSE: X) (together with Nippon Steel, the “Companies”) today jointly filed two lawsuits to remedy the ...
U.S. Steel faces murky future after Biden blocks proposed ... - CBS News
6 days ago · The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources...
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
3 days ago · However, Mr. Biden’s move to terminate Nippon’s $14 billion bid for U.S. Steel raised questions about whether those powers were being abused, given that Japan is a close ally of the United States.
Nippon Steel stands firm on proposed $15 billion acquisition of US ...
3 days ago · TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move. “There is no reason or need to give up,” he told reporters at company headquarters in Tokyo.
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
6 days ago · Despite his opposition to the steel deal, Mr. Trump last month welcomed a $100 billion investment in the United States pledged by SoftBank, a Japanese technology company, that will focus on ...
US Steel’s shareholders just voted to end more than a century of ...
Apr 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...
Rise of US Steel paralleled the arrival of the United States on the ...
6 days ago · President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had first vowed to do in March.. His decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach consensus on the possible national security risks of the deal last month. The rise of U.S. Steel, a storied American company ...
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