Major U.S. Steel shareholder Pentwater supports Nippon Steel deal

Capital management firm opposes possible offer by Cleveland Cliffs amid Biden's caution

HIROFUMI TAKEUCHI, Nikkei staff writer

NEW YORK -- David Zirin, the chief operating officer of Pentwater Capital Management, one of the largest shareholders of U.S. Steel, said on Thursday that the U.S. company still supports Nippon Steel's bid to buy the steelmaker.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.