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Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive
Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security.
Nippon Steel still confident it can close widely opposed U.S. Steel deal
Almost a year after Nippon Steel announced its takeover plan, hefty political hurdles remain. President-elect Donald Trump this week repeated his opposition to the sale of U.S. Steel, saying he’d instead use tariffs and tax incentives to revitalize the American steelmaker.
Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback
Nippon Steel's transaction has faced stiff resistance from politicians, including Biden and Trump, and the United Steelworkers, a major labor group.
Crunch time for Japan’s Nippon Steel in race to complete US Steel takeover before Trump 2.0
Analysts say Nippon Steel remains confident as it pushes for the deal to go through, despite Trump’s vow to block it.
Trump vows to block sale of U.S. steel to Japanese company
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US Steel gains amid report regulators more likely to approve Nippon Steel deal
US Steel (NYSE:X) earlier rose as much as 4%, though has since pared its gain to 1.7%, amid a report that national security regulators may be a little more likely to approve the $14 billion sale to Nippon Steel (OTCPK:NPSCY).
Opinion
12h
Opinion
Biden’s Moment of Truth on U.S. Steel
He can approve a Nippon Steel offer that is in the U.S. interest.
5d
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that ...
Money Morning
5d
U.S. Steel's Deal May be Falling Apart, Here's What Investors Should Expect
With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or ...
4d
Northwest Indiana leaders reflect on possibility of Trump blocking U.S. Steel deal
A Japanese company’s acquisition of U.S. Steel must first be approved by the U.S. president, and leaders worry the incoming ...
5d
on MSN
Trump's Vow To Block U.S. Steel's Sale Sends Stock Tumbling
Donald Trump doesn't care much about free market principles or the limits of government power. But he should pay attention to ...
6d
Transition Updates: Trump Renews Pledge to Block Japanese Acquisition of U.S. Steel
President-elect Donald J. Trump will travel to France on Saturday for the reopening of the historic Notre-Dame Cathedral five ...
5d
Trump still against U.S. Steel overseas buyout
A controversial $14.9 billion overseas buyout of the iconic U.S. Steel company based in Pittsburgh still doesn’t have Donald ...
5d
U.S. Steel shares tumble after Trump's remarks
Shares in United States Steel Corp. dropped sharply Tuesday after President-elect Donald J. Trump said he would block the ...
Opinion
11h
on MSN
Opinion
Opinion | Biden’s Moment of Truth on U.S. Steel
Donald Trump last week doubled down on his campaign promise to block Nippon Steel’s proposed $15 billion takeover of U.S.
2d
on MSN
Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel
The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel ...
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