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Nippon, Steel
Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover
Key Takeaways Nippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel.Bloomberg said that effectively would push the review period for the $14.
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
What is the Nippon-US Steel deal, and why are Trump, Biden, Harris all against it?
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both parties. What to know.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
Nippon Steel, US Steel Sent Letter to Biden on Takeover Attempt
Nippon Steel Corp. and United States Steel Corp. sent a letter to US President Joe Biden earlier this month on the Japanese company’s proposed takeover of its American peer.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
White House delays decision on Nippon-U.S. Steel deal
Many American politicians have opposed this deal over concerns about union labor, domestic steel supplies and national security.
6d
Nippon Steel May Bid for Italy’s Ex-Ilva Plant, Il Sole Reports
Nippon Steel may be interested in buying the troubled Italian steel plant formerly known as Ilva, Il Sole 24 Ore reported on ...
3d
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
9d
Nippon Steel’s doomed effort to court union detailed in emails, letters
Nippon Steel’s attempt to acquire U.S. Steel appears poised to fail because of union opposition and national security ...
The Business Journals
2d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
It was announced in December 2023. United States Steel Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion deal to be acquired by
Nippon
Steel will go through. “We continue to ...
5d
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers
In Pennsylvania’s steel country, locals fight to keep their jobs at U.S. Steel even if it means foreign ownership.
7d
Nippon Steel, US Steel send letter to Biden on merger plans
Nippon Steel and U.S. Steel sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after ...
1d
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s ...
Biofuels International
22h
Suttons Tankers and Nippon Gases UKI partner to launch HVO fuel trial
Suttons Tankers and Nippon Gases UKI have embarked on a three-month Hydrotreated Vegetable Oil (HVO) trial. This ...
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