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A new rival bid for US Steel emerges
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.
2d
on MSN
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
Cleveland
18h
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 ...
10h
on MSN
Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans
Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...
2h
on MSN
U.S. Steel contributes $30K to support Bidwell Training Center program
Amid the ongoing saga of its proposed $14.9 billion acquisition by Japanese steelmaking giant Nippon Steel, and with big ...
9d
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
2d
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
12d
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
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 ...
1d
Analysts Offer Insights on Materials Companies: United States Steel (X) and Origin Materials (ORGN)
Analysts have been eager to weigh in on the Materials sector with new ratings on United States Steel (X – Research Report) and Origin ...
1d
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 ...
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