Nippon Steel launches $456 million bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78) a share, or a 37% premium over Sanyo Special Steel's closing price on Friday,
Nippon Steel and U.S. Steel blast Biden's 'sham' merger block
Nippon Steel and United States Steel claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a "sham” national security review before he blocked the deal.
Nippon Steel, US Steel File Appeal To Invalidate Blocking Of $14.9 Bln Merger
Nippon Steel Corp. (NISTY.PK), and United Steel Corp. (X), Monday jointly filed an opening brief against the action of former
Nippon, US Steel appeal against Biden ruling starts Monday
Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate the company is struggling.
U.S. Steel, Nippon argue in court for new federal merger review
U.S. Steel and Nippon Steel laid out their case Monday that then-President Joe Biden hamstrung a national security review to justify blocking the companies’ merger. An opening brief filed in the U.S.
M&A News: Nippon Steel and U.S. Steel (NYSE:X) File Opening Brief to Save Merger
Nippon Steel (JP:5401) and U.S. Steel (X) are trying to save their $14.9 billion merger deal by filing an opening brief in the U.S. Court of
U.S. Steel and Nippon ask court to lift block of deal
Nippon Steel and U.S. Steel are asking a court to lift the block of their $14.9 billion merger. The steelmakers filed their opening brief in the U.S. Court of Appeals for the District of Columbia Circuit against former President Joe Biden and the Committee on Foreign Investment in the United States.
Nippon Steel, US Steel file opening brief in lawsuit to salvage deal
Nippon Steel (OTCPK:NPSCY) and US Steel (NYSE:X) jointly filed an opening brief to try to save their more than $14.9 billion deal. The brief, filed in the U.S. Court of Appeals for the District of Columbia Circuit,
Nippon Steel and U. S. Steel Request Court to Set Aside President Biden's Block of the Companies' Partnership
Nippon Steel Corporation ("Nippon Steel") (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. ("NSNA"), and United States Steel Corporation ("U. S. Steel") (NYSE: X) (collectively,
Nippon Steel/US Steel deal may be discussed by Trump/Japan PM in meeting - report
Nippon Steel's (OTCPK:NPSCY) planned $14 billion purchase of US Steel (NYSE:X) may be discussed in a meeting between President Donald Trump and Japanese Prime Minister Shigeru Ishiba on Friday. Ishiba ...
Global Finance1d
Nippon Steel Still Wants To Acquire United States Steel
Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a ...
The Associated Press - Business News on MSN8d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
RealClearMarkets6d
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
Reuters1mon
Despite Nippon Steel, US and Japan say ties stronger than ever
In remarks to the media, at which no questions were taken, Blinken did not mention Nippon Steel, but a statement from Japan's foreign ministry said he and Iwaya "exchanged views on the economy ...
NBC 10 Philadelphia1mon
Nippon and US Steel file suit after Biden administration blocks $15 billion deal
Nippon Steel and U.S. Steel filed a federal lawsuit ... While administration officials have said the decision was unrelated to Japan's relationship with the U.S. — this is the first time a ...