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President Trump announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment, rather ...
The US Steel-Nippon deal appears off again after Trump reiterated that it should not be sold to Japan shortly after ordering a positive review of the deal. Read why I rate X as Sell.
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.
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 ...
American officials now value the transaction at $28 billion, including the purchase bid and a new electric arc furnace — a more modern steel mill that melts down scrap — that they say Nippon ... in ...
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 ...
Donald Trump will wield direct control over US Steel through a special "golden share" following Nippon Steel's acquisition, according to SEC filings. This unique arrangement grants Trump, or his ...
Trump Says US Steel Will Keep HQ in Pittsburgh in a Sign He'll Approve Bid by Japan-Based Nippon WASHINGTON (AP) — President Donald Trump said Friday that U.S. Steel will keep its headquarters ...
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 ...