Explainer-Latest on proposed $15 billion merger of Nippon Steel, US Steel
Biden, President-elect Donald Trump and a politically-influential labour union had voiced opposition to Nippon Steel's ...
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Biden Admin Blocks Japanese Company’s $15 Billion Takeover Of US Steel
The Biden administration blocked Nippon Steel’s $15 billion acquisition of U.S. Steel Friday. A national security review ...
What Pennsylvania officials are saying about Biden’s decision to kill the U.S. Steel deal
The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...
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Biden Blocks Nippon Steel $15B Buy of US Steel, Cites National Security
President Joe Biden cites US Defense Production Act and credible evidence that Japanese competitor might take action that ...
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Biden’s political block of Nippon Steel deal to cloud future input into US
In December 2023, Nippon Steel secured a deal to buy US Steel for $14.9 billion. The Committee on Foreign Investment in the ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...
President Joe Biden rejects Nippon Steel’s proposed deal to acquire U.S. Steel
We need major U.S. companies representing the major share of U.S. steelmaking capacity to keep leading the fight on behalf of ...