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Biden, Nippon Steel
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,
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
23h
on MSN
U.S. Steel Stock Is Rising. The Politics Are Geting More Muddled.
Shares of United States Steel were rising after the government decided to delay a review of the company’s potential takeover ...
3d
Acquisition Chatter Heats U.S. Steel
United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...
Opinion
2d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
2d
U.S. Steel shares rise after $14.9B deal's pressure eases
United States Steel Corp. shares rose 11% over the past five days on reports that the Biden administration may wait until ...
9d
United States Steel Has Pigeonholed Itself Into Making A Deal Work
United States Steel Corporation faces scrutiny over its deal with Nippon Steel, raising national security concerns. Find out ...
Forbes
2d
US Steel
United
States
Steel
Corp. engages in the manufacturing and selling of
steel
products. It operates through the following business segments: Flat-Rolled Products, U.S.
Steel
Europe, and ...
1d
Here’s why the auto industry supports a US Steel sale to Japan’s Nippon Steel
Nippon Steel, for its part, has promised to invest in blast furnace production as part of a potential U.S. Steel purchase.
10d
The Analyst Verdict: United States Steel In The Eyes Of 5 Experts
The 12-month price targets, analyzed by analysts, offer insights with an average target of $43.4, a high estimate of $49.00, ...
21h
on MSN
US Steel, Nippon Steel expecting positive, unanimous arbitration ruling - report
US Steel (NYSE:X) and Nippon Steel (OTCPK:NISTF) are expecting a unanimous and positive decision shortly from an arbitration ...
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