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Investor seeks to quash US Steel-Nippon deal
U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. The industry has been struggling, as distributors have refrained from purchasing material in excess of their inventory amid a supply glut fueled by domestic production and imports.
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.
Cleveland-based activist Ancora seeks U.S. Steel board revamp, end of Nippon deal
Led by Jim Chadwick, Ancora has focused on campaigns at industrial and transportation companies. In recent years, it has secured board seats at Berry Global Group Inc. and Norfolk Southern Corp. In 2024, Ancora won three seats in its proxy battle at Norfolk Southern.
2d
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 ...
RealClearMarkets
23h
A Case For and Against Nippon's U.S. Steel Acquisition
President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use ...
3d
on MSN
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO ...
3d
on MSN
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 ...
3d
on MSN
Asset Manager Challenges Nippon Steel's Takeover of US Steel
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of ...
10d
on MSN
Japan’s Nippon TV Unveils New Chief, Who Warns: “Our Battle For Survival Is Reaching Its Climax”
Japanese network Nippon TV has unveiled Hiroyuki Fukuda as its new representative Director, President and COO. Fukuda assumed ...
Air Cargo News
18h
Nippon Express adds Honda to Japanese SAF project
Nippon Express is continuing its efforts to promote sustainable aviation fuel (SAF) for a Japanese government project by ...
10d
on MSN
Japan’s Nippon TV Taps Fukuda as New President – Global Bulletin
Bollywood star Bhumi Pednekar is heading to the Swiss Alps, tapped as India’s Young Global Leader (YGL) representative at the ...
GlobalData on MSN
2d
AB2 Bio and Nippon Shinyaku enter Tadekinig alfa licensing deal
AB2 Bio has made an option and licencing agreement with Nippon Shinyaku, granting the latter the option to obtain exclusive ...
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Steel
United States
Ancora
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