Activist investor Ancora calls for new leadership at U.S. Steel
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.
U.S. Steel and an activist investor are sparring over Nippon sale
U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon Steel Co. Why it matters: The future of the Pittsburgh icon is in limbo after a proposal to sell the company to Nippon was blocked by then-President Biden four weeks ago,
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Sunday date for second Steel City derby
The second Steel City derby of the season between Sheffield Wednesday and Sheffield United is moved to Sunday, 16 March.
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
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Swiss Steel's Production and Sales Decline in 2024
Swiss Steel is reducing its workforce and experiencing a decline in revenues due to weak demand and poor economic conditions ...
SSAB profit beats analysts' estimates on demand for premium steel products
Sweden's SSAB posted fourth-quarter operating profit well above analysts' estimates on Wednesday, helped by resilient demand ...
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
(Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust ...
Gukesh in sole lead at Tata Steel Chess; ISL, HIL continue: Jan 29
Chess: Tata Steel Chess tournament in Wijk Aan Zee continues with Gukesh in sole lead. Round 10 starts today. ISL: NorthEast ...
Tata Steel reports surprise profit on buoyant India sales volume
Tata Steel , India's second-biggest steelmaker by market value, posted a surprise third-quarter profit on Monday, helped by ...
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Union steel minister to visit RINL
Visakhapatnam:Union Steel Minister HD Kumaraswamy is visiting the Vizag Steel Plant on Thursday, January 30. The visit gained ...
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor (NYSE:NUE) +2.5% in Tuesday's trading after reporting Q4 earnings and revenues that fell from a year ago but easily ...