Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan’s biggest steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78 ...
Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate ...
US Steel (NYSE:X) said Monday it is still committed to pursuing a sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF), saying "our stockholders will not be well served by turning over control of the ...
Ancora, U.S. Steel and Nippon Steel did not immediately respond to Reuters' request for a comment outside regular business hours. Earlier this month, former U.S. President Joe Biden blocked Nippon ...
(Bloomberg) -- Activist investor Ancora Holdings Group has nominated nine candidates for United States Steel Corp.’s board and is pushing for the company to abandon a takeover by Nippon Steel Corp.
It said in an open letter Monday the board of U.S. Steel and its CEO, David Burritt, have kept up their pursuit of a sale to Nippon Steel because they stand to receive more than $100 million if 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. Ancora Holdings Group, with $10 ...
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel X3.54%increase; green up pointing triangle and wants the company to turn the page from its failed marriage with Nippon ...
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 ...
Investor Ancora Holdings has acquired a stake in US Steel and is urging the steelmaker to drop Nippon merger. Ancora has nominated nine director candidates to the company's 12-person board.
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 reported acquiring a 0.18% ...