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Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Biden administration formally extends review of U.S. Steel deal, pushing decision past election
The Biden administration on Tuesday extended its review of Nippon Steel’s take over of U.S. Steel, effectively pushing a final presidential decision on the matter past Election Day.
Nippon Steel to sell USD 211 mn in assets to manage debt amid U.S. Steel deal
Nippon Steel agreed with three Japanese megabanks for USD 16 billion in loans to fund the acquisition of U.S. Steel. However, the deal is facing political opposition in the United States amid the Nov.
Nippon Steel to sell $211 mln in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
Nippon Steel to Get Extension, Pushing Deal Review Past US Election
A US security panel has granted Nippon Steel Corp. permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November,
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
By Jeff Mason, Alexandra Alper and Katya Golubkova WASHINGTON/TOKYO (Reuters) -The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their application for approval of the deal,
White House delays decision on Nippon-U.S. Steel deal
Many American politicians have opposed this deal over concerns about union labor, domestic steel supplies and national security.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
13h
on MSN
U.S. Steel Stock Is Rising. 3 Reasons Why.
U.S. Steel stock rose Thursday, pushed up by investors digesting good news on several fronts.In late morning trading, shares ...
2d
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese ...
2d
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
JD Supra
13h
U.S. Steel Industry Files New Trade Case Against Imports of Corrosion Resistant Steel From 10 Countries
The Petition - The U.S. Steel industry, including Steel Dynamics, Inc., Nucor Corporation, United States Steel Corporation ...
Opinion
3d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
3d
Acquisition Chatter Heats U.S. Steel
United States Steel stock surged nearly 9% during Wednesday’s trading, recovering somewhat from more than a 30% correction in ...
3d
Here's why the auto industry supports a U.S. Steel sale to Japan's Nippon Steel
There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...
The Business Journals
1d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
The companies want to close the transaction by the end of the year. It was announced in December 2023. United States
Steel
Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion ...
21h
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s ...
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