U.S. Steel, Nippon Deal

U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
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.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it
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.
Asset Manager Challenges Nippon Steel's Takeover of US Steel
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of the major producers of steel in the U.
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
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.
Activist investor Ancora calls for new leadership at U.S. Steel
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.
Shareholder to push U.S. Steel to drop merger with Nippon Steel, oust CEO
Activist U.S. Steel investor Ancora Holdings is pushing U.S. Steel to drop its merger agreement with Nippon Steel.
U.S. Steel rebuffs activist fund's bid to hamper Nippon Steel deal
United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker. The announcement came after The Wall Street Journal reported that Ancora,
Thyssenkrupp says Kretinsky's 20% holding in steel unit is reversible
Thyssenkrupp's CEO said on Friday that the purchase of 20% in the German industrial group's steel business by a holding of ...
Ancora wants to make US Steel great again
Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its ...
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
Nippon Steel launches $456 million bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest ...
Crain's Cleveland Business3d
Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
India needs to add 100 mn tonnes of steel making capacity by 2030: Secy
India needs to add 100 million tonnes (MT) of steel making capacity by 2030 on priority to avoid becoming dependent on ...
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Jindal Steel Consolidated December 2024 Net Sales at Rs 11,750.67 crore, up 0.42% Y-o-Y
Net Sales at Rs 11,750.67 crore in December 2024 up 0.42% from Rs. 11,701.32 crore in December 2023. Quarterly Net Profit at ...