8 min listen
US Steel gets a new owner
FromFT News Briefing
ratings:
Length:
10 minutes
Released:
Dec 19, 2023
Format:
Podcast episode
Description
Activist investor Cevian Capital has taken a €1.2bn stake in UBS, and Nippon Steel has agreed to buy US Steel in a $14.9bn deal. Plus, the FT’s Josh Gabert-Doyon takes us to the English town of Widnes and discusses what the destruction of fossil fuel infrastructure means for local citizens. Mentioned in this podcast:Activist Cevian places €1.2bn bet on UBSNippon Steel agrees to buy US Steel for $14.9bnThe Fiddler’s Ferry blast that will reshape a town’s identityThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Dec 19, 2023
Format:
Podcast episode
Titles in the series (100)
Tuesday, October 23: An unexpected windfall for the UK budget, HSBC’s step back into US lending and what is causing some investors to tread cautiously. Plus, how many mobile apps are sending your personal data to other companies. by FT News Briefing