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Cleveland-Cliffs mulls purchase of U.S. Steel

Hosted on MSN · 12h

Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

Cleveland · 59m

If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

The Washington Post on MSN · 1d

Cleveland-Cliffs mulls purchase of U.S. Steel if Nippon deal fails

The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.

US Steel, Biden

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.

The Associated Press on MSN · 1d

US extends deadline on Nippon’s bid for US Steel, offering some hope that the deal is not dead

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel

Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.

7don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

CNN on MSN8d

Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last ...

Business Wire8d

Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel

Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...

3d

Allegiance: A tale of two threatened Pennsylvania steel companies

Federal interference threatened operations for two Pennsylvania steel companies this year. The allies on the battlefield, ...

1d

US Steel Jumps on Report of Joint American Bid

Good morning. US Steel shares rise on reports of a potential bid by American suitors. Tesla overtakes Audi in sales for the ...

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