A new rival bid for US Steel is emerging

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.
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
Nippon Steel executive condemns Biden putting politics over security
Takahiro Mori said Nippon Steel's proposed acquisition of U.S. Steel does not bring any national security risks, despite Joe Biden's insistence otherwise.
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows by Biden and Trump from the campaign trail in a critical battleground state to block the deal.
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 ...
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 ...
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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 ...
Possible takeover bid for US Steel reported
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
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 ...
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.
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 ...
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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Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh ...
US orange juice and steel will be on Canada's list for retaliation if Trump imposes tariffs
A senior official says Canada is looking at putting retaliatory tariffs on American orange juice, sinks, toilets and some ...
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Local steelworkers hoping U.S. Steel’s deal with Nippon Steel goes through
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland ...