Nippon Steel: US Steel Deal Will Boost US Industry

Nippon Steel: US Steel Deal Will Boost US Industry

In my opinion, the U.S. government and we are moving closer to a mutual understanding that our acquisition of U.S. Steel will help strengthen the U.S. steel industry and manufacturing through investment, including equity participation, Nippon Steel President Tadashi Imai told reporters.

Japanese steelmaker Nippon Steel and U.S. Steel will continue talks with the government in Washington to reach an agreement on terms for a U.S. steelmaker's acquisition of the company and future investment plans, the company's chairman said on Tuesday. He said Nippon Steel and the U.S. government share an understanding that the planned acquisition of the Japanese company will strengthen the U.S. steel industry and manufacturing sector through in…

Nippon Steel's president and chief of operations, Tadashi Imai, revealed on Monday that talks for the purchase of his rival US Steel are still underway and that there is a possibility of reaching an understanding with the White House despite Donald Trump's initial reluctance. "As for the strengthening of the steel and manufacturing industries of the United States [the transaction will be advantageous]. It is my personal opinion, but I think we a…

MADRID, 24 (EUROPA PRESS) Nippon Steel's president and chief of operations, Tadashi Imai, revealed on Monday that talks for the purchase of his rival US Steel are still underway and that there is the possibility of reaching an understanding with the White House despite the initial reluctances of Donald Trump. [...] The entry Nippon Steel glimpses an agreement with Trump to buy US Steel by being "increasingly in tune" appears first in Forbes Espa…

Nippon Steel chief says US Steel takeover talks sill ongoing with Washington

TOKYO : Nippon Steel’s negotiations with the U.S. government regarding its planned acquisition of U.S. Steel are still ongoing, President Tadashi Imai said on Monday. Imai said a mutual understanding is developing that the deal would bolster the U.S. steel industry. Talks will continue and aim to reach an agreement on conditions for equity purchase and capital spending, among other aspects, he added. Source link