4 days ago · U.S. Steel, one of the country’s largest domestic steel producers, announced in December 2023 that it was being acquired by Nippon, Japan’s largest steelmaker. The all-cash deal was valued at ...

14 hours ago · Ancora urged U.S. Steel to drop the merger agreement, get the $565 million breakup fee and drop the lawsuits Nippon Steel and U.S. Steel filed to force a new Committee on Foreign Investment in the ...

4 days ago · Topline. President Donald Trump on Friday said Japan’s Nippon Steel agreed to drop its nearly $15 billion bid to acquire U.S. Steel and will “heavily” invest in the company instead, ending a ...

4 days ago · Ishiba described the investment as mutually beneficial and said Japanese technology would be provided to U.S. Steel mills. Nippon Steel in December 2023 made what was a nearly $15 billion bid to buy U.S. Steel, creating a sudden political issue in the 2024 presidential election as the Pittsburgh-headquartered steelmaker was key to the identity of the political swing state of Pennsylvania.

Jan 14, 2025 · The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.

On December 18, 2023, Japanese steelmaker Nippon Steel Corporation (NSC), the world's third-largest steel producer, [1] agreed to buy United States Steel Corporation (U.S. Steel) for $14.9 billion. [2]

Jan 7, 2025 · Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel. He told reporters Tuesday in Tokyo there is no reason or need to give up.

Jan 9, 2025 · A U.S. Steel plant in Braddock, Pa. Without a merger partner, the company may sell off parts of its business. Credit... Justin Merriman for The New York Times. By Santul Nerkar. Jan. 9, 2025.

Jan 6, 2025 · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds...

Jan 6, 2025 · U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis ...