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Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at US merger
TOKYO (Reuters) -Snow lay thick in the Pittsburgh suburbs as Takahiro Mori, a bespectacled, 67-year-old executive from Japan's Nippon Steel, huddled in a cluttered garage with community leaders to reassure them he was not giving up on a bid to buy the town's steel mill. Just days before the early January meeting, U.S. President Joe Biden had blocked Nippon Steel's proposed $14.9 billion takeover of U.S. Steel, a move both companies said risked thousands of jobs and billions of dollars in investment. With Biden's incoming successor Donald Trump also voicing opposition to the planned purchase, the outlook was bleak.
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huffpost.com
Trump Shows Approval For Nippon Steel's Bid For U.S. Steel, Announces Pittsburgh Rally
Former President Joe Biden previously blocked a deal for Japan's Nippon Steel to take over U.S. Steel on national security grounds.
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upi.com
Trump announces U.S. Steel, Nippon Steel 'planned partnership' - UPI.com
President Donald Trump announced Friday afternoon that U.S. Steel and Nippon Steel will form a "planned partnership," keeping the American company's headquarters in Pittsburgh…
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finance.yahoo.com
Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at US merger
TOKYO (Reuters) -Snow lay thick in the Pittsburgh suburbs as Takahiro Mori, a bespectacled, 67-year-old executive from Japan's Nippon Steel, huddled in a cluttered garage with…
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Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel
TOKYO (Reuters) -Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel, backed but not yet approved by President Donald Trump, is positive for…