U.S. Steel has revealed that it has entered into confidentiality agreements with multiple third parties and is reviewing several unsolicited proposals, ranging from partial acquisitions to an entire buyout. The company’s board and outside advisers will evaluate all options and make the review public to hear from any interested parties. This move comes after Cleveland-Cliffs made a $7.3 billion cash-and-stock offer and demanded that U.S. Steel provide information about all the proposals it has received as part of its strategic review. Shares of U.S. Steel rose 3.2% on the news. Esmark recently dropped its bid for U.S. Steel, leaving Arcelor-Mittal as the only known potential challenger to Cleveland-Cliffs.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}