Trump Makes Deal of a Lifetime for US Steel
Digest more
By John Geddie, Tim Kelly and Yuka Obayashi TOKYO (Reuters) -Snow lay thick in the Pittsburgh suburbs as Takahiro Mori, a bespectacled, 67-year-old executive from Japan's Nippon Steel, huddled in a cluttered garage with community leaders to reassure them he was not giving up on a bid to buy the town's steel mill.
Nippon Steel shares slipped 0.8% in Japanese trading. Court challenges to the Cfius review process and president’s authority over foreign business deals have been sparse over the years.
Japan's Nippon Steel is set to finalize its acquisition of U.S. Steel Corp. X at $55 per share, according to sources familiar with the matter.
(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel ... it was a violation of legal due process and a political calculation. The two steel companies sued in federal court three days ...
Nippon Steel also initially underestimated the challenges that United Steelworkers ... “It would have been hard to expect how political this deal has become,” said Nick Wall, a Tokyo partner ...
WASHINGTON (AP) — Nippon Steel ... Pittsburgh-based U.S. Steel. The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...