CLF250117P21000
- 11.05
- 0.000.00%
Cleveland-Cliffs Newsroom
Being scolded as evil by American companies! The acquisition case by Nippon Steel further undermines confidence in the USA-Japan alliance.
1. The CEO of Cleveland-Cliffs made controversial comments on Monday, shocking Japan's Industry and political circles; 2. The company is planning to acquire United States Steel, which will create competition with Nippon Steel; 3. Nippon Steel responded that their comments cannot cover up the deficiencies in Cleveland-Cliffs' acquisition plans, while the Japanese government refused to comment on their statements.
Update: Market Chatter: Cleveland-Cliffs Teams Up With Nucor in Potential Bid for US Steel
Cleveland-Cliffs CEO Says He Has Funding for US Steel Deal - Semafor
US stock fluctuations | United States Steel rises over 1.8% as two US companies plan to jointly acquire United States Steel.
On January 14, according to Gelonghui, United States Steel (X.US) rose more than 1.8%, while Cleveland-Cliffs (CLF.US) and Nucor (NUE.US) both fell more than 1%. According to sources, Cleveland-Cliffs is collaborating with its competitor Nucor to prepare a potential acquisition offer for United States Steel. Earlier, a takeover bid by Japan's Nippon Steel for United States Steel was blocked by the White House earlier this month on the grounds of National Security. (Gelonghui)
BofA Securities Maintains Cleveland-Cliffs(CLF.US) With Hold Rating
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Express News | Two American companies plan to jointly acquire United States Steel, while Nippon Steel opposes this and states that it will complete its acquisition plan.
Express News | Nippon Steel: We Will Continue to Do Whatever It Takes to Close Our Deal
Express News | Nippon Steel: What Gonclaves' Words Cannot Mask Is That He Cannot Match the Scope and Scale of Our Plan
Express News | Nippon Steel: Cleveland-Cliffs CEO Gonclaves "Continues to Persist With Biased Stereotypes"
Express News | Nippon Steel: Our Plan Enjoys Overwhelming Support Among Those With the Most at Stake
Express News | Nippon Steel: Our Commitments Have Been Developed Through Numerous Meetings in the Past Year With Various Stakeholders Including Employees
Cleveland-Cliffs (CLF.US) and Nucor (NUE.US) are competing to acquire United States Steel (X.US).
According to informed sources, Cleveland-Cliffs is collaborating with competitor Nucor to prepare a potential takeover bid for United States Steel.
Cleveland-Cliffs, Nucor Mull Fresh Bid for U.S. Steel -- Update
Express News | Cleveland Cliffs CEO Says He Wants to Buy U.S. Steel, Has a Plan
Express News | Cleveland-Cliffs and Nucor are reportedly considering teaming up to bid for United States Steel.
How Is The Market Feeling About Cleveland-Cliffs?
'U.S. Steel Stock Jumps On Report Of Possible Bid From Cleveland-cliffs And Nucor; Company Will Be Holding A Press Conference At 1 P.m. ET' - Axios
United States Steel (X.US) rose by 8%, reportedly considering a joint acquisition with Nucor (NUE.US) and Cleveland-Cliffs (CLF.US).
The bidding war for United States Steel (X.US) may become more complex, as reported by CNBC on Monday, with Nucor (NUE.US) and Cleveland-Cliffs (CLF.US) considering a joint bid for United States Steel. Earlier, President Biden blocked a $55 all-cash bid from the Japanese steelmaker on the grounds of National Security. United States Steel is suing to overturn that decision.