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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 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 owner would close “on its merits” despite bipartisan backlash.
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 $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,
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 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 U.S. Steel.Bloomberg said that effectively would push the review period for the $14.
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.
1h
Tata Steel underperforms Friday when compared to competitors despite daily gains
Shares of Tata Steel Ltd. 500470 rose 1.64% to 152.05 Indian rupees Friday, on what proved to be an all-around positive ...
49m
Bridges get steel protection against flood damage
Two historic bridges have had steel plates fixed to them after they were damaged in floods. Newbridge at Gunnislake and ...
The Economist
2d
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
2d
British Steel reveals losses deepened eightfold
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
17h
U.S. Steel Powers Through Pricing Pressures, Domestic Demand Holds Strong Despite Global Challenges
United States Steel Corporation (NYSE:X) shares are trading higher on Thursday. The company provided third-quarter 2024 ...
23h
on MSN
US Steel guides Q3 earnings above Wall Street consensus
US Steel (NYSE:X) +1.7% pre-market Thursday after providing Q3 guidance for adjusted net earnings of $0.44-$0.48/share, ...
2d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
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 ...
14h
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 ...
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