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United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a news release Sunday from the company. ... US Steel has a market capitalization of $5.1 billion.
Chris Isidore, CNN. December 18, 2023 at 7:49 PM. U.S. Steel. US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest ...
On December 18, 2023, it was announced that Japanese steelmaker Nippon Steel (NSC) would acquire Pittsburgh –based U.S. Steel, a steel-producing company that was once the largest corporation in the world. [1] Under the deal, Nippon Steel would acquire the company for $14.1 billion, which totals to $14.9 billion when including the assumption ...
WASHINGTON (Reuters) -The White House on Thursday said Nippon Steel Corp's $14.9 billion proposed acquisition of U.S. Steel Corp deserves "serious scrutiny," given the company's core role in U.S ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The ...
Total equity. US$11.047 billion (2023) [6] Number of employees. 21,803 [6] ( 2023) Website. USSteel.com. United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in Central Europe.
US Steel also received a bid from privately-held Esmark worth $7.8 billion with European giant ArcelorMittal is also reportedly interested in the company, a deal which would mark a re-entry to the ...
(Reuters) -U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel, as expected, taking the merger one step closer to completion even as political ...