IN CAMPAIGN TRIPS LIKE THIS ONE TO PITTSBURGH LAST APRIL, NIPPON AND U.S. STEEL SAY PRESIDENT BIDEN SPOKE OUT AGAINST THE MERGER LONG BEFORE A SECURITY REVIEW TOOK PLACE. THE LAWSUIT, FILED IN D.C ...

Outgoing President Joe Biden dropped a bombshell when he issued an executive order last month blocking the purchase of United States Steel (USS) by Japan’s Nippon Steel, citing national security ...

An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is ...

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. Nippon Steel will offer 2,750 yen ($17.78 ...

On January 3, 2025, President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a potential threat to national security. The ...

Cliffs in 2023 had proposed to acquire U.S. Steel, but the Pittsburgh steelmaker raised concerns about antitrust issues, while it accepted a higher offer from Nippon Steel soon after. "We are ...

(Mainichi/Wataru Okubo) WASHINGTON (Kyodo) -- United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s ...

Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel falls through. The Charlotte, North Carolina mini mill operator long ago ...

Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate ...

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 ...