U.S. Steel CEO defends planned sale to Japan's Nippon, believes …
WEBSep 24, 2024 · U.S. Steel CEO David Burritt on Tuesday defended the company’s planned sale to Japan’s Nippon Steel, expressing confidence that the deal will be completed despite President Joe Biden’s vocal ...
Some US Steel appeal would survive busted deal | Reuters
WEBSep 12, 2024 · Fiery nationalistic and labor backlash is preventing the 123-year-old company from fusing with Japanese peer Nippon Steel (5401.T), as leery U.S. security regulators look set to nix the $15 billion...
Biden Administration Extends Review Period for Nippon Takeover …
WEBSep 17, 2024 · David Burritt, chief executive of U.S. Steel, has warned that the company could lay off workers and relocate its headquarters outside Pennsylvania if the deal were blocked. Credit...
US Steel CEO Pressed by Two Senators to Defend Nippon Steel …
WEB3 days ago · Two prominent Democratic senators are criticizing United States Steel Corp. Chief Executive Officer David Burritt over his potential $72 million “golden parachute” if the sale to a Japanese ...
US Steel CEO confident Nippon Steel deal will close 'on its merits'
WEBDETROIT, Sept 17 (Reuters) - U.S. Steel (X.N) CEO David Burritt said on Tuesday he was confident Nippon Steel's (5401.T) $14.9 billion bid for his company would "close on its merits," despite...
US Steel CEO confident Nippon Steel deal will close 'on its merits'
WEBSep 17, 2024 · DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its merits," despite political opposition and...
Biden prepared to block US Steel purchase by Nippon Steel
WEBSep 5, 2024 · It said CEO David Burritt’s “reckless statements and mismanagement are the only true obstacle to US Steel remaining a sustainable steel company.”
US Steel CEO Pressed by Senators to Defend Nippon Steel Payout
WEB3 days ago · Nippon Steel’s $14.1 billion deal is caught up in US politics. Two prominent Democratic senators are criticizing United States Steel Corp. Chief Executive Officer David Burritt over his potential $72 million “golden parachute” if the sale to a Japanese company goes through — while President Joe Biden ’s decision on the takeover hangs ...
US Steel CEO Is ‘Extremely Confident’ Nippon Deal Will Close in 2024
WEBJun 18, 2024 · US Steel Corp. boss David Burrittis convinced Nippon Steel’s $14.1 billion takeover will proceed this year despite stiff opposition from union leaders and the Biden administration.
US Steel to Close Plants if Sale to Nippon Steel Collapses: WSJ
WEBSep 4, 2024 · US Steel would close mills and likely move its headquarters out of Pittsburgh if its planned sale to Nippon Steel falls apart, CEO David Burritt told the Wall Street Journal.
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