KENNETH RAPOZA: Why Nippon Steel Might Fail To Convince Washington To Greenlight U.S. Steel Acquisition
Japan’s Nippon Steel has inched closer to buying Pittsburgh-based U.S. Steel now that the U.S. company’s shareholders have approved of the Dec. 18 acquisition offer. Only Washington stands in the way. On…
S&P places Nippon Steel on negative credit watch after U.S. Steel deal
(Reuters) – Ratings agency S&P on Wednesday placed its ‘BBB+’ long-term issuer credit rating on Nippon Steel Corp on negative credit watch after it clinched a deal to buy U.S. Steel for…
Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal
(Reuters) – Nippon Steel said on Monday it would buy U.S. Steel in a deal worth $14.9 billion including debt, months after the steelmaker put itself up for sale. (Reporting by Shivansh…
Nippon Steel buys majority stakes in two Thai steelmakers
TOKYO – Japan’s Nippon Steel Corp has completed its acquisition of majority stakes in two electric arc furnace steelmakers in Thailand, paying about $477 million in total, it said on Monday. The…
Nippon Steel to seek more merger chances to boost global output
TOKYO – Japan’s top steelmaker Nippon Steel Corp is seeking more merger and acquisition (M&A) opportunities to boost its global output capacity to 100 million tonnes, an executive said on Thursday, after…
Breaking News
