Nippon - Wander City

Nippon Steel–US Steel deal approved: Trump signs executive order; contingent on compliance with security agreement – Times of India

Image used for representative purposes US President Donald Trump has signed an executive order enabling Japanese firm Nippon Steel’s investment in US Steel, contingent upon compliance with a government-mandated “national security agreement”.The joint statement from both companies confirms $11 billion in new investments by 2028 and the provision of a “golden share” to the US…

Trump approves .9 billion US steel merger with Japan’s Nippon Steel

Trump approves $14.9 billion US steel merger with Japan’s Nippon Steel

alishpagda08@gmail.com1 week ago05 mins

U.S President Donald Trump formally approved Nippon Steel’s 5401.T fraught $14.9 billion bid for U.S. Steel X.N on Friday, capping a tumultuous 18-month effort by the companies, beset by union opposition and two national security reviews. Trump signed an executive order saying the tie-up could move forward if the companies signed an agreement with the…

Nippon MF to offer ‘SIP’ to Japanese investors – The Times of India

alishpagda08@gmail.com4 months ago02 mins

MUMBAI: The popular SIP method for putting money in stocks through the mutual fund route is set to attract Japanese investors to Indian equities. In a first-of-its-kind structure using GIFT City, Nippon India MF is bringing in Japanese retail investors’ money into the Indian stock market using the Nifty BeES index fund. Nissay MF, one…

Trump Says Nippon Steel Will Make Major Investment in U.S. Steel

alishpagda08@gmail.com5 months ago05 mins

President Trump said on Friday that Nippon Steel was planning to make a major investment in U.S. Steel after the Biden administration moved to block the Japanese company’s $14 billion takeover bid last month on the basis that it was a threat to national security. Such an investment, if it moves forward, could be a…

Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

alishpagda08@gmail.com5 months ago05 mins

After the United States blocked Nippon Steel’s bid for U.S. Steel, the Pittsburgh company is facing new pressure from an activist investor who is seeking to oust U.S. Steel’s leadership and thwart the companies’ efforts to revive the deal. The activist investor, Ancora, said in an open letter to U.S. Steel’s board on Monday that…

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

alishpagda08@gmail.com6 months ago09 mins

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, accused Mr. Biden and other…

Biden blocks $15 billion US Steel acquisition by Nippon Steel, upholding national interest concerns | India News – Times of India

alishpagda08@gmail.com6 months ago04 mins

American President Joe Biden on Friday declined the proposed acquisition of US Steel by Japan’s Nippon Steel, valued at approximately $15 billion, upholding his earlier pledge to prevent the takeover.“We need major US companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of America’s national interests,” Biden stated.The…