McCall insisted that U.S. Steel — which is profitable and reported $1.8 billion on its balance sheet — has the financial ... to buy the steel producer for $14.9 billion in cash and debt ...

McCall insisted that U.S. Steel — which is profitable and reported $1.8 billion on its balance sheet — has the financial wherewithal ... 2023 that it planned to buy the steel producer for $14.9 ...

Nippon Steel is confident in the possible advantages of the purchase notwithstanding these obstacles. Dependent on regulatory approvals and the closing of the merger, the business has promised ...

Nippon Steel's $14.9 billion bid for U.S. Steel awaits a decision from the White House, following a Committee on Foreign Investment referral due to national security concerns. President Joe Biden, ...

A key U.S. government panel has reached an impasse over Nippon Steel‘s $14.9 billion bid for United States Steel, shifting the final decision to President Joe Biden amid mounting national ...

Since the prices of steel peaked in August 2021 to more than $1900 per ton, the prices have dropped to under $1000 per ton until the current year 2024. That coincides with decline in the revenues ...

The Committee on Foreign Investment in the United States told the White House on Monday it is deadlocked on the proposed $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel Co., teeing up ...

A year has passed since Nippon Steel announced that it would buy U.S. Steel for $14.1 billion. The takeover bid has run into opposition from politicians and union leaders as well as skepticism ...