X Jun 2024 41.000 call
| Previous Close | 0.1900 |
| Open | 0.1500 |
| Bid | 0.0000 |
| Ask | 0.7500 |
| Strike | 41.00 |
| Expire Date | 2024-06-07 |
| Day's Range | 0.1500 - 0.1900 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 40 |
ReutersNippon Steel's Mori returns to US this week for talks on US Steel takeover
Nippon Steel's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S. Steel and would study selling some assets if necessary for the deal to go through. Vice Chairman Takahiro Mori's visit so soon after a May 20-26 trip highlights the efforts Nippon Steel is taking to close the purchase amid growing regulatory scrutiny and political opposition. The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.
ReutersUS Steel, Nippon Steel receive all non-US approvals for merger
Nippon had clinched the deal to buy U.S. Steel last December, after edging out rivals including Cleveland-Cliffs, ArcelorMittal and Nucor. The steelmakers now need to secure an approval in the U.S., where the deal is facing regulatory scrutiny and increasing political opposition including from President Joe Biden, who wants U.S. Steel to remain domestically owned. The proposed transaction is also facing opposition from the powerful United Steelworkers union over fears of job losses, and is being scrutinized by the U.S. Department of Justice.
Business WireU. S. Steel and Nippon Steel Corporation Announce Receipt of All Non-U.S. Regulatory Approvals
PITTSBURGH, May 30, 2024--United States Steel Corporation (NYSE: X) ("U. S. Steel") and Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) announced that they have received all regulatory approvals outside of the United States related to the proposed transaction between U. S. Steel and Nippon Steel. These approvals have been received from the Directorate-General for Competition of the European Commission (pursuant to the EU Merger Regulation and, separately, the Foreign Subsidies Regulation),
