Nippon Steel stands firm on proposed $15 ... - Associated Press News
2 days ago · TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move. “There is no reason or need to give up,” he told reporters at company headquarters in Tokyo.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
3 days ago · U.S. Steel Takeover Bid: U.S. Steel and Japan’s Nippon Steel sued the United States government in a last-ditch attempt to revive their attempted merger after Biden blocked it over national ...
US Steel and Nippon Steel sue Biden administration over blocked merger
3 days ago · The suit claims Biden's actions were in part politically motivated. U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger ...
US Steel and Nippon sue Biden administration, Steelworkers …
3 days ago · US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the ...
U.S. Steel, Nippon sue Biden administration over decision to block merger
3 days ago · WASHINGTON, Jan 6 (Reuters) - U.S. President Joe Biden unlawfully blocked Nippon Steel's (5401.T), opens new tab $14.9 billion bid for U.S. Steel (X.N), opens new tab through a sham national ...
Nippon, US Steel Sue to Save Merger After Biden Blocks It
3 days ago · Nippon Steel Corp. and United States Steel Corp. jointly filed a pair of lawsuits in a last-ditch effort to preserve their planned merger, which was blocked last week by President Joe Biden.
U.S. Steel's Proposed $14.9 Billion Merger With Nippon Steel - U.S. News
Dec 11, 2024 · Nippon Steel agreed to acquire U.S. Steel last year but has faced resistance from an assertive labor union and the White House. Here's a timeline of events leading up to the deal between the...
US Steel’s shareholders just voted to end more than a century of ...
Apr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
Nippon Steel delays closing of acquisition of US Steel until late …
May 3, 2024 · TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal.
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
Aug 26, 2024 · Nippon Steel has hired lobbyists to amplify its arguments that the merger would be good for both companies and their employees, as well as for the United States and Japan.