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Nippon steel has not withdrawn its $14.9 billion bid to buy U.S. Steel, two people close to the deal said on Friday, after ...
President Trump said he supported what he described as an emerging agreement that would allow Nippon Steel to invest in—but ...
(Reuters) - United Steelworkers president David McCall filed a motion to dismiss a lawsuit filed against him by U.S. Steel ...
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