Japan's Nippon Steel Corporation has finally confirmed its interest in buying United States Steel Corporation with a $14.9 billion recommended takeover offer. Below is a link to this morning's announcement:..
Dapper David Faber of CNBC today reports that Arcelor Mittal may be willing to pay up to $45 a share in cash for United States Steel Corporation, the US-listed steel producer. Below is the link to his piece:
A Japanese company is rumoured to be working with Arcelor Mittal on its interest in United States Steel Corporation, the US-listed steel producer.
People following the situation have heard speculation Nippon Steel Corporation may be working with Arcelor Mittal, possibly on a joint offer for US Steel.
Nippon Steel Corporation and Arcelor Mittal have already established a joint ventures, including ArcelorMittal Nippon Steel India Limited...