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Japan's Nippon Steel extends closing date for U.S. Steel acquisition

Nippon Steel extends the closing period for its $15 billion U.S. Steel acquisition to Q1 2025, amid scrutiny from U.S. authorities and opposition from Biden and Trump.

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Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says

Nippon Steel is gaining support for its $15 billion acquisition of U.S. Steel, addressing national security concerns while facing opposition from labor unions and former U.S. leaders.

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After-hours movers: FedEx, Nike, U.S. Steel and more

FedEx and Nike saw significant stock increases after positive announcements, while U.S. Steel's stock fell due to lowered earnings guidance.

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United States Steel shares fall on lower guidance

United States Steel's shares dropped 5% due to disappointing Q4 earnings guidance amidst lower steel prices and production challenges, impacting both North American and European operations.

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Nippon Steel's bid for U.S. Steel faces potential block from President Biden

Nippon Steel's $14.9 billion acquisition of U.S. Steel faces CFIUS disapproval, raising national security concerns. The deal may be blocked by President Biden.

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Exclusive-Despite revamped proposals, Nippon Steel deal on track to be blocked, letter says

Nippon Steel's $14.9 billion bid for U.S. Steel faces challenges amidst national security reviews, with President Biden likely to block the deal despite extensive negotiation efforts.

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U.S. Steel's proposed $14.9 billion merger with Nippon Steel

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Explainer-What next for Nippon Steel and US Steel's $15 billion mega-merger?

A U.S. panel reviews the potential national security threat of Nippon Steel's $15 billion takeover of U.S. Steel, with significant political and economic implications.

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U.S. Steel shares drop as Trump vows to block Nippon deal

U.S. Steel shares drop 7% after President-elect Trump opposes Nippon Steel acquisition, signaling potential impacts on American industry and international business dynamics.

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Trump reiterates opposition to Nippon Steel's takeover of U.S. Steel

Trump opposes Nippon Steel's $15 billion acquisition of U.S. Steel, pledging to block the deal while advocating for tax incentives to revive the company.