President Trump on Friday announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment ...
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Trump Says Nippon Will Drop $15 Billion Bid For U.S. Steel — But ‘Heavily’ Invest In ItPresident Donald Trump on Friday said Japan’s Nippon Steel agreed to drop its nearly $15 billion bid to acquire U.S. Steel and will “heavily” invest in the company instead, ending a yearlong ...
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Trump Says Nippon Steel Eyes US Steel Investment, Not Purchase(Bloomberg) -- US President Donald Trump ... to the steel industry. Cleveland-Cliffs has signaled it’s still interested in US Steel should Nippon Steel formally end its takeover bid.
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Trump says Nippon will invest heavily in U.S. Steel rather than purchase the companyU.S. Steel shares fell after Trump's comments. Former President Joe Biden blocked Nippon's $14.9 billion bid for U.S. Steel in early January, citing national security concerns. President Donald ...
Earlier this month, U.S. President Donald Trump, alongside Japanese Prime Minister Shigeru Ishiba at the Oval Office, said that Nippon Steel's $14.9 billion bid for U.S. Steel, which was blocked ...
“I don’t want US Steel being owned by a foreign country. All they can have is an investment,” Trump said two days after he incorrectly announced that Nippon was dropping its plans to ...
Washington — President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel ... "U.S. Steel is a very important company to us. It was the greatest ...
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