U.S. Steel CEO David Burritt optimistic on Nippon Steel deal ...
WEB1 day ago · Sep 19, 2024. Listen to this article 3 min. United States Steel Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 billion deal to be acquired by Nippon Steel will go through ...
US Steel CEO confident Nippon Steel deal will close 'on its merits'
WEB3 days ago · DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its merits," despite political opposition and ...
How U.S. Steel's long, painful decline turned into a political ...
WEB1 hour ago · The central fact is that U.S. Steel needs help fast. Last year revenue fell 14% and profits fell 65%. CEO David Burritt says if Nippon Steel doesn’t come to the rescue, he will have to close U.S ...
US Steel CEO Confident Nippon Deal Will Succeed Despite Biden ...
WEB3 days ago · US Steel CEO, David Burritt discusses the company's deal with Nippon Steel at Detroit Economic Club. Despite regulatory hurdles and heavy political scrutiny, Burritt says he remains confident the ...
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he …
WEB3 days ago · Here's what he said. Detroit — U.S. Steel Corp. CEO David Burritt told a crowd in the Motor City — where many major steel customers reside — that he expects a sale of the company to Japan's ...
Biden preparing to block U.S. Steel sale to Japanese company - NBC News
WEBSep 5, 2024 · “We want elected leaders and other key decision makers to recognize the benefits of the deal as well as the unavoidable consequences if the deal fails,” U.S. Steel CEO David Burritt said in a...
Nippon Steel, US Steel send letter to Biden on merger plans
WEBSep 13, 2024 · X. By Yuka Obayashi. TOKYO (Reuters) -Nippon Steel and U.S. Steel sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after media reported that he was ...
Biden prepared to block US Steel purchase by Nippon Steel
WEBSep 5, 2024 · It said CEO David Burritt’s “reckless statements and mismanagement are the only true obstacle to US Steel remaining a sustainable steel company.”
US Steel: Harris backs US ownership of company, in blow to ... - CNN
WEBSep 3, 2024 · “The bottom line is these are investments in the future of American steelmaking and the employees, families, and communities that rely on it,” CEO David Burritt told CNN.
US Steel CEO Is ‘Extremely Confident’ Nippon Deal Will Close in 2024
WEBJun 18, 2024 · US Steel Corp. boss David Burrittis convinced Nippon Steel’s $14.1 billion takeover will proceed this year despite stiff opposition from union leaders and the Biden administration.