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HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...
Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...
Shareholders in U.S. Steel had approved an acquisition that would pay $55 a share in cash if it closed. “Since announcing our deal, I have engaged in extensive dialogue with many stakeholders ...
If the deal isn't approved, U.S. Steel has warned it may need to move its headquarters away from Pittsburgh and focus on cheaper ways of making steel than Mon Valley's blast furnaces, putting ...
(Bloomberg) -- Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s ...
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...
PREVIOUS COVERAGE OF U.S. STEEL AND NIPPON STEEL BELOW: Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms (June 2025) Mon Valley mayors say they ...
But U.S. Steel has not indicated to shareholders that it has altered the $14.9 billion sale to Nippon that they approved 14 months ago.
Steel industry experts react to Nippon Steel, U.S. Steel deal On May 23, President Donald Trump announced that he would approve an investment from the Japanese company to U.S. Steel.
Calling it a partnership gives him a way to finesse his change in position, and U.S. Steel shareholders will receive the $55 a share that Nippon Steel agreed to pay.
Singapore-based 3D Investment Partners has urged other shareholders in Nippon Steel to vote against reappointing its president and vice-chairman, both of whom have championed a drawn-out US ...