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Nippon Steel clings to U.S. Steel takeover as Trump backs investment

Summary by UPI
Nippon Steel's top executive said Tuesday the Japanese company will stick with its proposed $14.1 billion takeover of U.S. Steel, despite President Donald Trump backing an investment and the possibility of tariffs.

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Japan TodayJapan Today

Nippon Steel has no schedule for meeting Trump over U.S. Steel

Nippon Steel Corp President Tadashi Imai said Tuesday that "nothing has been decided" regarding a meeting with U.S. President Donald Trump to expedite the company's plan to acquire United States Steel Corp. Imai's comment came after Trump, following his Feb 7 talks with Japanese Prime Minister Shigeru Ishiba, expressed willingness…

·Sakado, Japan
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UPIUPI

Nippon Steel clings to U.S. Steel takeover as Trump backs investment

Nippon Steel's top executive said Tuesday the Japanese company will stick with its proposed $14.1 billion takeover of U.S. Steel, despite President Donald Trump backing an investment and the possibility of tariffs.

·Washington, United States
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The Globe & MailThe Globe & Mail

Nippon Steel to use U.S. Steel merger agreement as base for U.S. government talks, president says

Earlier this month, U.S. President Donald Trump said that Nippon Steel’s US$14.9-billion bid for U.S. Steel would take the form of an investment instead of a purchase

·Canada
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BloombergBloomberg

Nippon Steel Sticks With US Steel Takeover After Investment Call

Nippon Steel Corp. reiterated its objective for the $14.1 billion takeover of United States Steel Corp. after President Donald Trump said the Japanese company was considering an investment instead.

·United States
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Denver GazetteDenver Gazette

Nippon Steel to use U.S. Steel merger agreement as base for US gov't talks, president says

By Yuka Obayashi and Rocky Swift

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Chief Executive Officer North AmericaChief Executive Officer North America

Nippon Steel President begins talks to revive U.S. Steel takeover - CEO North America

Today, Nippon Steel President Tadashi Imai announced the company’s intention to reinstate talks to revive its bid to purchase U.S. Steel. Despite lengthy negotiations, the $14.9 billion takeover folded last month after it was blocked by former President Joe Biden. Tadashi stated that Nippon Steel, the world’s fourth-largest steelmaker, will begin talks with the U.S. Department of Commerce. “We will be discussing with the US government and I thin…

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  • 40% of the sources lean Left, 40% of the sources are Center
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Denver Gazette broke the news in on Tuesday, February 25, 2025.
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