Tag #Nippon Steel

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cnn.com
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Trump Announces US Steel-Nippon Steel Partnership, Securing $14 Billion Investment

President Trump announced a partnership between U.S. Steel and Nippon Steel, involving a $14 billion investment, projected to create at least 70,000 jobs and boost the US economy, resolving a previously blocked acquisition attempt due to national security concerns.

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40% Bias Score

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edition.cnn.com
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Nippon Steel Revives US Steel Bid Despite Trump's Opposition

Nippon Steel plans to revive its $14 billion bid to acquire US Steel, facing opposition from President Trump who prefers only an investment, not a controlling stake, along with union concerns and competing bids from Cleveland-Cliffs and activist investor Ancora Alternatives.

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cnn.com
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Nippon Steel Revives US Steel Bid Amidst Political and Labor Opposition

Nippon Steel plans to resume its $14 billion bid to buy US Steel, despite President Trump's opposition and labor union concerns, highlighting ongoing political and economic challenges for the iconic American steelmaker.

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48% Bias Score

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english.kyodonews.net
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Trump Blocks Nippon Steel's U.S. Steel Acquisition, Imposes 25% Tariffs

President Trump announced a 25 percent tariff on all steel and aluminum imports, blocked Nippon Steel's attempted takeover of U.S. Steel, and stated that no majority stake will be allowed, impacting global trade and prompting a revised investment plan from Nippon Steel.

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forbes.com
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Nippon Steel Withdraws U.S. Steel Bid, Opting for Investment After Political Opposition

President Trump announced that Nippon Steel withdrew its \$14.9 billion bid to acquire U.S. Steel after facing bipartisan opposition and a lawsuit, opting instead for a substantial, yet unspecified, investment in the American steel company.

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44% Bias Score

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apnews.com
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Ancora Challenges Nippon Steel's U.S. Steel Takeover

Ancora Holdings, a \$10 billion asset manager, is challenging Nippon Steel's proposed \$15 billion takeover of U.S. Steel, nominating new directors and a CEO to pursue a turnaround plan instead of the sale, amid political opposition and legal challenges.

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theglobeandmail.com
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Nippon Steel Forecasts 43% Profit Drop Amidst Global Steel Market Weakness and US Tariffs

Nippon Steel projects a 43 percent drop in net profit to \$1.4 billion for fiscal year 2026 due to weak global steel markets, new U.S. tariffs, and awaits a June 5th decision on its acquisition bid for U.S. Steel, which is currently under political review.

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us.cnn.com
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Nippon Steel Resumes US Steel Acquisition Bid Despite Trump Opposition

Nippon Steel plans to pursue its $14 billion acquisition of US Steel despite President Trump's opposition and various legal and political challenges, while facing competition from Cleveland-Cliffs and an activist investor seeking to replace US Steel's management.

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44% Bias Score

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english.kyodonews.net
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Trump Blocks Nippon Steel's U.S. Steel Buyout

President Trump blocked Nippon Steel's majority stake in U.S. Steel, halting the $14.1 billion buyout plan, raising concerns about foreign investment in key American industries.

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english.kyodonews.net
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Nippon Steel to Invest in U.S. Steel, Avoiding Full Takeover

Following a summit in Washington, Japanese Prime Minister Ishiba confirmed that U.S. Steel will remain an American company despite a revised investment plan by Japan's Nippon Steel, avoiding a full takeover initially proposed in December 2023 and blocked by President Biden in January 2024 due to nat...

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theglobeandmail.com
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Trump Intervenes, Nippon Steel to Invest in U.S. Steel

President Donald Trump announced that Nippon Steel will invest in U.S. Steel instead of acquiring it, reversing his and President Biden's previous opposition to the $15 billion deal; this follows a CFIUS failure to reach a consensus on national security risks, and the investment will involve Japanes...

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lexpansion.lexpress.fr
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Biden Vetoes Nippon Steel's US Steel Acquisition

President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.

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44% Bias Score

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Showing 25 to 36 of 65 results