An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
TOKYO -- As Nippon Steel and U.S. Steel pursue legal action to realize their much-contested acquisition plan, they face a daunting battle in the courtroom, as well as a potential competing bid ...
U.S. President Donald Trump plans to impose tariffs on imported computer chips, pharmaceuticals and steel, he said on Monday, to push companies to manufacture more in the United States.
After meeting in Tokyo on Jan. 7 with U.S. Secretary of State Antony Blinken ... do since Trump has also expressed opposition to Nippon Steel's proposed $14 billion (2.214 trillion yen) acquisition.
Ancora has nominated nine nominees for U.S. Steel’s 12-member board including former Stelco (TSX: STLC) CEO Alan Kestenbaum, who previously revitalized the Canadian steelmaker before its acquisition by Cleveland-Cliffs (NYSE: CLF ), according to the report.
Consent of the governed is one of the founding principles of our country. Embedded in the Declaration of Independence, it harks to the frustrations of American colonists over unjust laws
Jan 26 (Reuters) - Activist investor Ancora Holdings has built a stake in U.S. Steel (X.N), opens new tab and wants the steelmaker to drop its merger agreement with Japan's Nippon Steel (5401.T ...
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel X-1.58%decrease; red down pointing triangle and wants the company to turn the page from its failed marriage with Nippon ...