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New rival bid for US Steel emerging
A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.
Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state to block the deal.
U.S. Steel, Cleveland-Cliffs
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Cleveland-Cliffs CEO calls Japan ‘evil’ as he reiterates interest in acquiring U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil.”
Cleveland-Cliffs CEO sees an 'all-American solution' to preserving U.S. Steel
Cleveland-Cliffs Inc. CEO Lourenco Goncalves says he has an "all-American solution" in place to buy United States Steel Corp. if a deal with Nippon Steel is abandoned.
2d
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
2d
United States Steel Represents A Great Risk To Reward Prospect At Current Pricing
United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.
6d
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
The Herald-Dispatch
17h
New offer for U.S. Steel in the works
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
2d
Shapiro could support new U.S. Steel buyout offer
A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The ...
Boston Herald
9d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON (AP) — 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 ...
8d
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
WPXI
2h
Local steelworkers hoping U.S. Steel’s deal with Nippon Steel goes through
Local steelworkers are holding out hope that the
U.S. Steel
sale with Nippon
Steel
goes through. This week Cleveland ...
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