New player arrives to stop the sale of Pittsburgh’s U.S. Steel to Japan
- Posted on January 27, 2025
- By Bing News
- 3 Views
New player arrives to stop the sale of Pittsburgh’s U.S. Steel to Japan
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company's board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
