Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid
President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.
Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese company’s taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
Gary mayor supports Nippon Steel's proposed investment into US Steel
President Trump says Japan's Nippon Steel will invest new technology in U.S. Steel after President Biden blocked an acquisition last month. The Gary mayor said he's happy the chances for some sort of investment is still alive.
Trump says Japan's Nippon Steel will invest in US Steel, not buy it
U.S. President Donald Trump said on Friday Japan's Nippon Steel will not buy U.S. Steel and would instead invest in the company, which would dramatically reshape the $15 billion merger bid that had been in negotiation for more than a year.
Trump says US Steel will get investment from Nippon Steel, instead of being bought by it
President Donald Trump is suggesting that Nippon Steel will no longer buy U.S. Steel as planned, but the Japanese company will instead invest in the symbolically important American business.
Local leaders react to new, proposed U.S. Steel, Nippon deal
President Trump met with Japan's prime minister and said that Nippon Steel could invest in U.S. Steel rather than purchase the company. KDKA's Ricky Sayer spoke with some local leaders and got their thoughts on where everything stands.
Trump says Nippon Steel will 'invest heavily' in US Steel, drop takeover bid
President Donald Trump has said Japan's Nippon Steel will drop its $14.9bn (£12bn) bid to acquire US Steel. Speaking alongside Japanese Prime Minister Shigeru Ishiba at the White House, Trump said Nippon would instead "invest heavily" in the company without taking a majority stake.
Nippon to drop bid to buy U.S. Steel, will invest in company instead
Big mining news on Friday. Japanese steelmaker Nippon will drop its plans to buy U.S. Steel, and instead, will invest in the company. This comes from President Trump. At the end of 2023, U.S. Steel and Nippon announced plans for the nearly $15 billion dollar acquisition.
Trump says Nippon Steel will invest in US Steel, not buy it
U.S. President Donald Trump said Nippon Steel's $14.9 billion bid for U.S. Steel would take the form of an investment instead of a purchase on Friday, even as two sources familiar with the matter said the Japanese steel company had not withdrawn its bid.
President Trump says Japanese company will 'invest heavily' in U.S. Steel, not own it
President Trump said Japanese-based Nippon Steel will look to invest in U.S. Steel, rather than outright owning the iconic American company.
Trump and Japanese PM Say Japan Is Looking at Investment in US Steel Instead of Purchase
U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba said on Friday Japan was looking at an investment in U.S. Steel instead of an acquisition. Japanese firm Nippon Steel's bid to buy U.
Local leaders, steelworkers react to major change in U.S. Steel-Nippon deal, "Confused and optimistic"
President Trump met with Japan's prime minister and said that Nippon Steel can now invest in U.S. Steel rather than ...
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel , Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fits with President Donald ...
U.S. Steel Stock Falls in Volatile Trading Amid Questions About Nippon Deal
President Trump said he supported what he described as an emerging agreement that would allow Nippon Steel to invest in—but ...
USW Union Chief Files Motion to Dismiss Lawsuit by US Steel, Nippon Steel
(Reuters) - United Steelworkers president David McCall filed a motion to dismiss a lawsuit filed against him by U.S. Steel ...