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Trump announced that Japan’s Nippon Steel’s was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment, rather than a ...
Washington — President Donald Trump on Friday suggested that Nippon Steel would no longer buy U.S. Steel as planned, but the Japanese company would instead invest in the symbolically important ...
The order signed by President Trump said the CFIUS review provided “credible evidence” that Nippon Steel “might take action that threatens to impair the national security of the United ...
The Pennsylvania senator spoke on CNBC, four days after President Donald Trump suggested that an agreement on a “partnership” was at hand to resolve Nippon Steel’s nearly $15 billion bid to ...
Still, Trump's statement left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S. Steel from being foreign-owned.
Trump says Nippon Steel will invest in US Steel, not buy it, sparking confusion By Trevor Hunnicutt , Nandita Bose and Alexandra Alper February 7, 2025 10:35 PM UTC Updated February 7, 2025 ...
Shares of US Steel closed 5.8% lower at $36.98 in New York, far below the $55-per-share offer from Nippon Steel that both companies had agreed. Representatives of US Steel and Nippon Steel weren ...
At the end of 2023, U.S. Steel and Nippon announced plans for the nearly $15 billion dollar acquisition. But it’s Nippon Steel’s bid that both Trump and President Joe Biden vowed to block.
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close By Yuka Obayashi and Katya Golubkova February 6, 2025 2:18 PM UTC Updated February 6, 2025 ...
Trump's statement on a "planned partnership" between the two companies left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S ...