US Steel

M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

Photo by Roy Luck via CC BY 2.0

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read

Photo by Ant Rozetsky via Unsplash

M&A

Cleveland-Cliffs to Buy Canadian Steelmaker for $2.8 Billion

Steel giant Cleveland-Cliffs announced Monday that it will buy Canada’s Stelco Holdings for C$3.85 billion ($2.8 billion).

1 min read
Photo by Roy Luck via CC BY 2.0

Industrials

US Steel Gets a Big Buyout, But Not Everyone’s a Fan

Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.

2 min read