U.S. Steel says activist investor Ancora is now in favor of Nippon Steel deal

Reuters

2025/04/09

April 8 (Reuters) - U.S. Steel X.N said on Tuesday that activist investor Ancora, who previously attempted to undermine the planned merger with Japan's Nippon Steel 5401.T, has "flip-flopped" and now claims to be in support of the transaction.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Alan Barona)

((rishabh.jaiswal@thomsonreuters.com))

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