Category: Nippon
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Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns
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Trump’s former Secretary of State Mike Pompeo supports Nippon Steel’s $14.9 billion takeover of the US steel company over national security concerns. President-elect Donald TrumpFormer US Secretary of State Mike Pompeo He threw his support behind him Nippon Steel Company(OTC:NPSCY) (OTC:NISTF) proposed a $14.9 billion acquisition United States Steel Corporation…
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Exclusive-US warns against Nippon merger with US Steel, citing China steel glut By Reuters
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Written by Alexandra Alper WASHINGTON (Reuters) – Nippon Steel Corp.’s proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt steel supplies needed for vital transportation, construction and agricultural projects, the United States said in a letter to the companies seen by Reuters. The…
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Exclusive-US warned Nippon its US Steel bid poses a national security risk, sources say By Reuters
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By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – The Biden administration told Nippon Steel Corp in a letter on Saturday that its $14.9 billion takeover of U.S. Steel would pose a national security risk by hurting the U.S. steel industry, three people said, adding to evidence that the United…
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Trump to reiterate he will stop US Steel sale to Nippon By Reuters
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By Gram Slattery and David Shepardson YORK, Pa. (Reuters) – Republican presidential candidate Donald Trump will confirm on Monday that he will block Nippon Steel Corp.’s planned purchase of U.S. Steel and move to roll back power plant pollution rules put in place by the Biden administration. Trump had signaled…
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Nippon Steel hires Mike Pompeo to advise on U.S. Steel deal By Reuters
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TOKYO (Reuters) – Japan’s largest steelmaker Nippon Steel Corp said on Saturday it has hired former U.S. Secretary of State Mike Pompeo to help in its efforts to acquire U.S. Steel. “We look forward to working with him to further emphasize the ways in which Nippon Steel’s acquisition of U.S.…
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Nippon Steel is putting off its $14.1bn takeover of U.S. Steel by 3 months
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Nippon Steel said on Friday it has postponed the expected closing of its $14.1 billion takeover of US Steel by three months after the US Department of Justice requested more documents related to the deal. The deal, which has already been approved by US Steel shareholders, is still expected to…