New player arrives in US 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.
Ancora Challenges Nippon Steel's US Steel Takeover
The asset management firm Ancora is challenging Nippon Steel's proposed acquisition of US Steel following its purchase of a 0.18% stake in the American company. Ancora has accused the US Steel board and CEO David Burritt of pushing the $15 billion deal with Nippon Steel due to a potential $100 million windfall they'll receive if the deal closes.
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora is seeking an independent slate of directors at U.S. Steel and new CEO that are committed to walking away from the Nippon deal. In an open letter on Monday, the firm said i
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. Ancora Holdings Group reported acquiring a 0.
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO ...
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday ...
Nikkei Asia5d
Japan steel, ethylene production fall to multidecade lows on China glut
TOKYO -- Japanese output of plastics building block ethylene and steel has dropped to the lowest levels in decades as ...
It’s up to the courts to save the US Steel Nippon deal
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
ジャパンタイムズ1d
Trump should uphold TikTok ban and allow Nippon Steel deal, Pence says
Former U.S. Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons ...
NPR22d
U.S. Steel sues to salvage its sale to Japan's Nippon Steel
U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security ...
UPI27d
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Jan. 1 (UPI) --Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a ...
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Fuga: Melodies of Steel 3 Seeing Release in May, Physical Edition for the Trilogy Announced for Japan
Today we official received a release date for Fuga 3 and fans can't wait to see what comes next for the series.
ABC News25d
Biden blocks US Steel takeover by Japan-based Nippon
Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...
Japan firms must prepare for Trump tariff fallout, Suntory chief says in Davos
Japanese companies remain bullish about investing in the United States but need to prepare for supply chain shocks that could ...