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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 ($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.
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
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.
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.
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.
U.S. Steel, Nippon get extension from national security panel on deal decision
The U.S. national security panel reviewing a $14.9 billion sale of U.S. Steel to a Japanese firm has extended its decision deadline, likely ensuring the proposal will live past the Nov. 5 election. Several outlets have reported the Committee on Foreign Investment in the United States,
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.
Nippon Steel to sell USD 211 mn in assets to manage debt amid U.S. Steel deal
Nippon Steel agreed with three Japanese megabanks for USD 16 billion in loans to fund the acquisition of U.S. Steel. However, the deal is facing political opposition in the United States amid the Nov.
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.
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,
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,
2d
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 ...
2d
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
The Business Journals
1d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
It was announced in December 2023. United States
Steel
Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion deal to be acquired by
Nippon
Steel
will go through. “We ...
10d
Nippon Steel rebuts CFIUS's case against its bid for US Steel-letter
Nippon Steel defended its $14.9 billion bid for U.S. Steel , arguing it would strengthen the U.S. Steel industry and that ...
21h
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s ...
1d
on MSN
US Steel, Nippon Steel expecting positive, unanimous arbitration ruling - report
US Steel (NYSE:X) and Nippon Steel (OTCPK:NISTF) are expecting a unanimous and positive decision shortly from an arbitration ...
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