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.
Opinion
Editorial: Pressure needs to stay on to get Nippon-U.S. Steel deal done
"There are more than 3,000 jobs at stake here at Mon Valley Works alone. Everyone involved should put politics aside and take the time to really think through what’s best for all."
What is the Nippon-US Steel deal, and why are Trump, Biden, Harris all against it?
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both parties. What to know.
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
Nippon Steel to sell $211 million in assets to manage debt
Nippon Steel agreed with three Japanese megabanks for $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. 5 presidential elections.
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,
Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover
Key Takeaways Nippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase ...
Opinion
Don’t be afraid of Nippon Steel
The problem with playing chicken is that in most cases, both players lose. Take, for example, the chicken scene in the movie Rebel Without a Cause in which Jim Stark bails out of his car first, ...
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 ...
Nippon Steel’s doomed effort to court union detailed in emails, letters
Nippon Steel’s attempt to acquire U.S. Steel appears poised to fail because of union opposition and national security ...
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 ...
Nippon Steel rebuts CFIUS's case against its bid for US Steel-letter
Nippon Steel defended its $14.9 billion bid for U.S. Steel , arguing it would strengthen the U.S. Steel industry and that ...
Nippon Steel Finds Unlikely Ally in Pittsburgh Workers
In Pennsylvania’s steel country, locals fight to keep their jobs at U.S. Steel even if it means foreign ownership.
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 ...