Trump says Japan's Nippon Steel will invest in US Steel, not buy it
U.S. President Donald Trump said on Friday Japan's Nippon Steel will not buy U.S. Steel and would instead invest in the company, which would dramatically reshape the $15 billion merger bid that had been in negotiation for more than a year.
Trump: Nippon Steel has agreed to invest in rather than own United States Steel Corp.
President Donald J. Trump on Friday afternoon suggested Nippon Steel Corp. has agreed to invest in United States Steel Corp. instead of acquiring the Pittsburgh-based manufacturer as it has been working toward since December 2023 in a $14.9 billion deal blocked by then-President Joe Biden last month.
U.S. President Donald Trump said Nippon Steel's $14.9 billion bid for U.S. Steel would take the form of an investment instead ...
(Reuters) - United Steelworkers president David McCall filed a motion to dismiss a lawsuit filed against him by U.S. Steel ...
Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...
A group of U.S. consumers have sued Nippon Steel to block its proposed $14.9 billion purchase of U.S. Steel , saying the deal ...
Analysts have recently evaluated United States Steel and provided 12-month price targets. The average target is $39.75, ...
PITTSBURGH — The investment firm Ancora is pushing United States Steel shareholders to drop the Nippon Steel merger and oust ...
ArcelorMittal , the world's second largest steelmaker, has not increased steel shipments into the United States to get ahead ...
At a joint press conference, the U.S. president said Japanese steel company Nippon Steel is dropping its acquisition of U.S. Steel in favor of an investment.
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