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U.S. Steel, Ancora and Nippon deal
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
(Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.
1h
on MSN
Sunday date for second Steel City derby
The second Steel City derby of the season between Sheffield Wednesday and Sheffield United is moved to Sunday, 16 March.
1d
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
AZOM
5h
Innovative Approaches to Processing Steel: Advances in Machining, Welding, and Sustainability
Advancements in steel processing, including machining and welding innovations, are crucial for enhancing efficiency and ...
Center for American Progress
2d
The Next Frontier in American Industrial Policy: Saving the Steel Industry by Decarbonizing It
The United States has a once-in-history opportunity to transform its steel industry and establish it as a world leader for ...
8h
on MSN
SSAB profit beats analysts' estimates on demand for premium steel products
Sweden's SSAB posted fourth-quarter operating profit well above analysts' estimates on Wednesday, helped by resilient demand ...
1d
on MSN
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
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