Nippon Steel touts tech it can bring to U.S. Steel, vows to push ahead with $14.1 billion acquisition: ‘We have over 2,000 patents’

Nippon Steel touts tech it can bring to U.S. Steel, vows to push ahead with $14.1 billion acquisition: ‘We have over 2,000 patents’

Nippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is vital to making the American company more competitive. Nippon Steel isn’t considering alternative options and is focused on negotiating with the United Steelworkers union to win their support for the purchase, the Tokyo-based firm’s newly appointed president, Tadashi Imai, told a press gathering.

“There’s not a company in the US that can domestically produce the high-end, electrical steel sheets for automobiles which we produce at our...56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says Boeing ERASED video of workers 'fixing' Alaska Airlines door plug six months before it blew off mid flight and have no records of repairs were done, NTSB claims

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nippon Steel says US Steel acquisition wouldn't cause layoffs, plant closuresNippon Steel said that its planned acquisition of U.S. Steel for nearly $15 billion wouldn't cause layoffs or plant closures amid resistance from the Biden administration and unions.
Source: FoxBusiness - 🏆 458. / 53 Read more »