Trump says Japan's Nippon Steel will invest in US Steel, not buy it
U.S. President Donald Trump said on Friday Japan's Nippon Steel will not buy U.S. Steel and would instead invest in the company, which would dramatically reshape the $15 billion merger bid that had been in negotiation for more than a year.
The president said Nippon Steel would invest in U.S. Steel rather than take over the storied American manufacturer. He also ...
Prime Minister Shigeru Ishiba and Trump announced Japan would double its defense spending by 2027 and Nippon Steel would invest in U.S. Steel, not buy it.
WASHINGTON (Reuters) - Nippon steel has not withdrawn its $14.9 billion bid to buy U.S. Steel, two people close to the deal ...
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