It also emboldened Lourenco Goncalves, the pugilistic Cleveland-Cliffs boss, to pursue an unsolicited $7 billion takeover bid in August 2023, which then attracted the Japanese buyer. U.S. Steel ...
Lourenco Goncalves, president and CEO of Cleveland-Cliffs Inc., has seldom had trouble making the news, but 2024 was a banner year for headlines, even by his standards. Goncalves picked up where he ...
and Lourenco Goncalves, the blunt-spoken CEO of rival steelmaker Cleveland-Cliffs. The Japanese steelmaker, along with U.S. Steel, filed a lawsuit on Jan. 6 against the Committee on Foreign ...
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. Ancora reported acquiring a ...
U.S. Steel filed a separate federal lawsuit against the Ohio steelmaker and its CEO Lourenco Goncalves, as well as David McCall, the head of the U.S. Steelworkers union, accusing them of ...
Cleveland-Cliffs CEO Lourenco Goncalves said this month that he wanted to make a new bid for U.S. Steel. Ancora is also based in Cleveland. U.S. Steel has filed a lawsuit in the District Court for ...
The Cleveland-Cliffs’s chief executive, Lourenco Goncalves, has signaled that he is preparing a fortified bid for U.S. Steel, though bitter relations between him and Mr. Burritt may complicate ...