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
Opinion
Don’t be afraid of Nippon Steel
The problem with playing chicken is that in most cases, both players lose. Take, for example, the chicken scene in the movie Rebel Without a Cause in which Jim Stark bails out of his car first, theoretically making him the loser, yet Buzz Gunderson goes over the cliff, killing him and making him the ultimate loser.
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.
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.
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.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
US steel deal faces national security review
The United States has allowed Nippon steel to refile its $14.9 BN bid for US steel. This decision pushes the review process past the upcoming presidential elections highlighting the mergers complex implications for national security,
Townhall7dOpinion
Biden Administration Killing the Nippon-USS Merger: A Slap in the Face to Japan
Through ally-shoring with Japan via the Nippon-U.S. Steel merger, the U.S. will be able to reduce dependence on China for ...
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s ...
theinvestor1h
Japan Vietnam Petroleum Company's Block 15-2 output hits 250 mln barrels
Japan Vietnam Petroleum Company, Ltd. (JVPC), a wholly owned subsidiary of Japan’s JX Nippon Oil & Gas Exploration ...
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 ...
Japan celebrates as Ohtani becomes the first major leaguer to reach 50-50 milestone
Shohei Ohtani's feat of becoming the first major leaguer with at least 50 home runs and 50 stolen bases in a season was met ...
Nippon1d
Apple's iPhone 16 Released in Japan
Tokyo, Sept. 20 (Jiji Press)--The new iPhone 16 smartphone series of U.S. technology giant Apple Inc. went on sale in Japan ...
C&EN1d
Nippon Shokubai plans big electrolyte plant in Japan
Nippon Shokubai plans to spend about $265 million to build a plant in Japan that makes lithium bis(fluorosulfonyl)imide, an electrolyte for lithium-ion batteries. The firm says the Japanese government ...
Here’s why the auto industry supports a US Steel sale to Japan’s Nippon Steel
Nippon Steel, for its part, has promised to invest in blast furnace production as part of a potential U.S. Steel purchase.
Japan’s Nippon Steel gets 3 month reprieve as Washington pushes review of U.S. Steel bid past the election
President Joe Biden, Democratic nominee Kamala Harris and Republican nominee Donald Trump all oppose Nippon Steel's $14.9 billion takeover bid for U.S. Steel.
Reuters4d
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
"Further strengthening economic relations, including expanding mutual investment between Japan and the U.S ... are essential for both countries," Deputy Chief Cabinet Secretary Hiroshi Moriya told ...
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...