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Nippon Steel’s early hands-off approach reflected a longstanding Japanese corporate mindset that politics and business should be kept separate, analysts said, which proved impossible in this case.
U.S. Steel has begun casting off key executives like slag from the furnace following its $15 billion acquisition by Japanese rival Nippon Steel—and one of the latest is the lawyer who helped ...
After almost two years, the drama is over. U.S. Steel and Nippon Steel are one company, creating the world’s second-largest steel maker.
By Alexandra Alper (Reuters) -Nippon Steel's $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the Trump administration ...
The $14.9bn (£11bn) purchase of US Steel, will create one of the world's biggest steelmakers and turns Nippon into a major player in the US.
U.S. Steel and Nippon Steel announced Thursday that they have finalized their long-awaited partnership. Under the announced agreement, U.S. Steel will retain its name and headquarters in ...
Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) said on Wednesday it will seek to raise ¥800B (~$5.6B) through two subordinated loans to partially fund its recent $14.9B acquisition of US Steel and ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan's Nippon Steel completed its acquisition of the iconic American industrial name.
Nippon's takeover of ailing US steel includes an agreement that gives the US government veto power over corporate decisions.
Nippon Steel is set to invest around $11 billion in U.S. Steel by 2028, including an initial investment in a greenfield project.