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Nippon Steel, Cleveland-Cliffs

Fox Business on MSN · 2h

Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans

Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel alive months longer than originally intended.

The Washington Post on MSN · 1d

Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails

The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.

CNBC on MSN · 1d

Cleveland-Cliffs CEO attacks Japan as he reiterates interest in acquiring U.S. Steel

"I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.

New rival bid for US Steel emerging

The Associated Press on MSN · 1d

A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.

The Spokesman-Review · 1d

U.S. Steel rises on CNBC report of American rivals mulling bid

United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the iconic American steelmaker. Cliffs would purchase all of US Steel for cash and then sell off the Big River Steel subsidiary to Nucor,

1d

American Competitor Signals Possible New Bid for U.S. Steel

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...

8hon MSN

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover ...

If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...

5d

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

6d

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

2d

United States Steel Represents A Great Risk To Reward Prospect At Current Pricing

United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.

1d

Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high ...

6don MSN

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

American investment could become less welcome, undermining Japan’s progress on corporate reforms.

1d

Shapiro could support new U.S. Steel buyout offer

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The ...

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