New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
Asset Manager Challenges Nippon Steel's Takeover of US Steel
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of the major producers of steel in the U.S., employing more than 20,000 people in this a strategically important industry.
Trump's dealmaking instinct may be Nippon Steel merger's last hope
Appealing to Donald Trump's penchant for business dealmaking could provide a lifeline for Nippon Steel Corp.'s seemingly doomed $14.1
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
Activist investor Ancora calls for new leadership at U.S. Steel
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.
Shareholder to push U.S. Steel to drop merger with Nippon Steel, oust CEO
Activist U.S. Steel investor Ancora Holdings is pushing U.S. Steel to drop its merger agreement with Nippon Steel.
U.S. Steel rebuffs activist fund's bid to hamper Nippon Steel deal
United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker. The announcement came after The Wall Street Journal reported that Ancora,
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Biden blocks sale of U.S. Steel to Japan's Nippon Steel
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, dealing a probably fatal blow to the ...
Hearing on Nippon Steel's lawsuit over U.S. Steel bid set for Feb-March, Kyodo says
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is ...
Japan PM Ishiba eyes US visit for summit with Trump on Feb. 7
Japanese Prime Minister Shigeru Ishiba is arranging a visit to the United States for his first in-person summit with ...
The Associated Press on MSN17d
A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden
Copyright 2025 The Associated Press. All Rights Reserved. A person walks past a Nippon Steel Corporation sign at the company headquarters Tuesday, Jan. 7, 2025, in ...
The New York Times27d
Why Japan Won’t Stop Trying to Invest in the U.S.
By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S. Steel, top ...
Reuters25d
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
US Steel ticks higher amid report Trump, Japan PM set to meet next Friday
US Steel (NYSE:X) ticked higher by 1.3% amid a report that President Donald Trump and Prime Minister Shigeru Ishiba are expected to hold their first meeting on Feb. 7 in Washington. Trump and Ishiba ...