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Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes ...
On Dec. 18, the companies announced that Nippon Steel had agreed to acquire U.S. Steel for $14.9 billion, a 40 percent premium to U.S. Steel’s share price at the time.
President Donald Trump on Friday said Japan’s Nippon Steel agreed to drop its nearly $15 billion bid to acquire U.S. Steel and will “heavily” invest in the company instead, ending a yearlong ...
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said ...
Nippon Steel’s nearly $15 billion bid to buy U.S. Steel was blocked by former President Joe Biden on his way out of office and, after Trump became president, ...
Nippon Steel’s $15 billion bid to acquire U.S. Steel, launched in 2023, may finally be dead after President Donald Trump said he’d rather see the company remain under U.S.-based ownership.
KASHIMA, Japan — 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.
Nippon Steel’s $15 billion bid to buy U.S. Steel has been referred to President Joe Biden after a government panel could not decide whether it should go forward.
Key Background. Nippon announced a $14.9 billion deal to buy U.S. Steel in December 2023, suggesting the newly formed company would maintain its original name and Pittsburgh headquarters.