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Nippon Steel to sell $211 mln in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
Nippon Steel to Get Extension, Pushing Deal Review Past US Election
A US security panel has granted Nippon Steel Corp. permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious takeover past the US elections in November,
Nippon Steel to sell $211 mn in assets to manage debt amid US Steel deal
The Japanese company's debt-to-equity ratio is expected to increase to 0.9 from 0.5 as a result of the US Steel deal which both companies target to close by the end of December
What is the Nippon-US Steel deal, and why are Trump, Biden, Harris all against it?
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both parties. What to know.
Nippon Steel to Sell $211 Million in Assets to Manage Debt Amid U.S. Steel Deal
Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories to improve capital efficiency amid the U.S. Steel takeover, the Japanese steelmaker's vice chairman, Takahiro Mori, was quoted by Nikkei newswire as saying.
Nippon Steel Gets More Time for U.S. Steel Deal Review
A decision on the national security review is potentially pushed out until after November’s presidential vote.
US decision on Nippon bid for US Steel pushed back to after Nov election, sources say
By Jeff Mason, Alexandra Alper and Katya Golubkova WASHINGTON/TOKYO (Reuters) -The U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel let the companies refile their application for approval of the deal,
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover
Key Takeaways Nippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel.Bloomberg said that effectively would push the review period for the $14.
24m
Bridges get steel protection against flood damage
Two historic bridges have had steel plates fixed to them after they were damaged in floods. Newbridge at Gunnislake and ...
The Economist
2d
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
Opinion
3d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
22h
on MSN
US Steel guides Q3 earnings above Wall Street consensus
US Steel (NYSE:X) +1.7% pre-market Thursday after providing Q3 guidance for adjusted net earnings of $0.44-$0.48/share, ...
2d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
1h
on MSN
Kansas Jayhawks place last steel beam for phase 1 of football stadium renovations
Excitement was literally in the air Thursday as the final steel beam was placed for phase one of the ongoing overhaul of ...
59m
Tata Steel underperforms Friday when compared to competitors despite daily gains
Shares of Tata Steel Ltd. 500470 rose 1.64% to 152.05 Indian rupees Friday, on what proved to be an all-around positive ...
14h
on MSN
U.S. Steel Stock Is Rising. 3 Reasons Why.
U.S. Steel stock rose Thursday, pushed up by investors digesting good news on several fronts.In late morning trading, shares ...
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