Nippon Steel, U.S. Steel File Opening Brief Against Biden, Others Over Scuttled Deal
Nippon Steel and U.S. Steel jointly filed their opening brief in court against former President Biden and others to invalidate what they said were unlawful actions over the companies' proposed merger.
Nippon Steel launches $456 mln bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest steelmaker said on Friday.
RealClearMarkets4d
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...
The Times of Northwest Indiana7d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company ...
Nikkei Asia18d
Nippon Steel has path to growth without U.S. Steel, analysts say
TOKYO -- Though President Joe Biden issued an order halting Nippon Steel's $14.9 billion bid for U.S. Steel, the Japanese steelmaker still has a way forward to achieve growth without the ...
Washington Examiner19d
Nippon Steel executive condemns Biden putting politics over security
In an op-ed for the Wall Street Journal, Takahiro Mori, Nippon Steel’s vice chairman and representative director, argued that the Committee on Foreign Investment in the United States’s review ...
Newsweek21d
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
The Biden administration has extended the deadline for Nippon Steel to abandon its proposed $14.9 billion acquisition of U.S. Steel, providing a potential lifeline for the embattled deal.
The Washington Post22d
Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
Steelmaker Cleveland-Cliffs on Monday indicated interest in acquiring U.S. Steel, less than two weeks after President Joe Biden blocked Japan-based Nippon Steel’s bid to buy the embattled ...
The New York Times26d
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
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 ...
The Business Journals26d
'We will never stop fighting'
After being dealt a potentially fatal blow to its deal to buy U.S. Steel, Nippon Steel is not taking defeat lying down. In the hours and days after President Joe Biden blocked Nippon Steel Corp ...