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Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive
Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump.
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security.
Nippon Steel still confident it can close widely opposed U.S. Steel deal
Almost a year after Nippon Steel announced its takeover plan, hefty political hurdles remain. President-elect Donald Trump this week repeated his opposition to the sale of U.S. Steel, saying he’d instead use tariffs and tax incentives to revitalize the American steelmaker.
US Steel gains amid report regulators more likely to approve Nippon Steel deal
US Steel's stock rises 2.5% on news of possible approval for $14 billion sale to Nippon Steel, signaling an improved outlook for the deal.
Nippon Steel confident in closing US Steel buyout by year-end: exec
TOKYO (Kyodo) -- Nippon Steel Corp. is "reinforcing its conviction" that its planned $14.1 billion acquisition of United States Steel Corp. will be completed by the end of the year, its vice chairman said in a recent interview with Kyodo News.
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.
Trump doubles down on vow to block Nippon-US Steel deal, make US Steel ‘strong and great again’
Trump had repeatedly slammed the deal during his presidential campaign, but this was the first time he reinforced his promise to block the acquisition since he won the presidential election.
Trump again vows to block Japanese firm’s controversial takeover of US Steel
President-elect Donald Trump has repeatedly said he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.
Nippon Steel committed to U.S. Steel takeover, executive says
There is no global strategy without the U.S.,' Takahiro Mori, the Japanese company's vice chairman, said this week.
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengt
Nippon Steel won’t give up on its U.S. Steel takeover deal despite strong pushback
Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said,
Money Morning
1d
U.S. Steel's Deal May be Falling Apart, Here's What Investors Should Expect
With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or ...
1h
Japan’s Nikkei climbs for fourth straight day on Wall Street boost
TOKYO, - Japan's Nikkei share average rose for a fourth consecutive day on Thursday as a record high on Wall Street overnight buoyed investor sentiment, although profit-taking capped gains. The Nikkei ...
Transport Topics
15h
Nippon Steel Confident It Can Close Widely Opposed US Deal
Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even ...
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