Nippon Steel considering 'bold' revision to US Steel buyout, government spokesperson says
- Nippon Steel Corp. Will not acquire a majority stake in United States Steel Corp., as stated by President Donald Trump on February 9, 2025.
- A senior Nippon Steel official claimed they were unaware of Trump's comments regarding the majority stake.
- Trump announced that Nippon Steel's $14.9 billion bid would be an investment rather than a purchase, and he plans to meet with Nippon Steel's executives.
- The bid has faced opposition from both Trump and former President Joe Biden, who cited national security concerns.
13 Articles
13 Articles
Nippon Steel has 'bold proposal' to take US Steel
Tokyo, Japan — Nippon Steel will make a “bold proposal” in its effort to invest in US Steel, Japan’s top government spokesman said Monday, after US President Donald Trump hinted that he would consider letting take a minority stake in the American firm. Former US president Joe Biden blocked the $14.9 billion deal shortly before
Nippon Steel considering 'bold' revision to US Steel buyout, government spokesperson says
TOKYO: Japan's Nippon Steel is considering proposing a bold change in plan from its previous approach of seeking to buy US Steel, Chief Cabinet Secretary Yoshimasa Hayashi said on Monday (Feb 10), though the company declined to comment. "We are aware that Nippon Steel is not looking at this as a mere acqui
Coverage Details
Bias Distribution
- 57% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage