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Biden, Nippon Steel
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
Biden administration formally extends review of U.S. Steel deal, pushing decision past election
The Biden administration on Tuesday extended its review of Nippon Steel’s take over of U.S. Steel, effectively pushing a final presidential decision on the matter past Election Day.
Nippon Steel to Get Extension, Pushing Deal Review Past US Election
A US security panel has granted Nippon Steel Corp. permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November,
1d
on MSN
U.S. Steel Stock Is Rising. The Politics Are Getting More Muddled.
The shares gained ground after Bloomberg reported that the government will delay a review of the company’s potential takeover ...
The Business Journals
1d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
The companies want to close the transaction by the end of the year. It was announced in December 2023. United States
Steel
Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion ...
2d
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 ...
Opinion
3d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
8h
on MSN
U.S. Steel Stock Is Rising. 3 Reasons Why.
U.S. Steel stock rose Thursday, pushed up by investors digesting good news on several fronts.In late morning trading, shares ...
3d
Here's why the auto industry supports a U.S. Steel sale to Japan's Nippon Steel
There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...
The Times of Northwest Indiana
7h
U.S. Steel expects to bring in $300 million in EBITDA in the third quarter
U.S. Steel expects to bring in $300 million in earnings before interest, taxes, depreciation or amortization or EBITDA in the ...
JD Supra
8h
U.S. Steel Industry Files New Trade Case Against Imports of Corrosion Resistant Steel From 10 Countries
The Petition - The U.S. Steel industry, including Steel Dynamics, Inc., Nucor Corporation, United States Steel Corporation ...
3d
Acquisition Chatter Heats U.S. Steel
United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...
16h
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 ...
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Joe Biden
Kamala Harris
President of the United States
Japan
Nippon
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