is clearly misguided in this case. Reportedly, the U.S. Trade Representative (USTR) views Nippon Steel’s acquisition as a national security threat, citing concerns dismissed by other CFIUS ...
Nippon has made a compelling case that the combined entity, which would constitute the world’s third-largest steel maker, is essential to take on cheap Chinese steel that is reshaping the ...
A committee charged with judge National security concerns from foreign investment couldn’t decide if Japan was a friend or ...
President Biden has just over a week to decide how he wants to move forward on Nippon Steel's proposed acquisition of U.S.
S. Steel employees and communities, not just shareholders. We would not commit to investing billions in USW-represented facilities if this wasn’t the case." Nippon Steel has pledged $2.7 billion ...
A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel ... prejudged the case as part of a ...
Credit: AP/Ayaka McGill Nippon Steel said Tuesday that it had been informed by CFIUS that it had referred the case to Biden, and urged him to “reflect on the great lengths that we have gone to ...
(Bloomberg) -- Nippon Steel Corp.’s proposed $12.3 billion ... who has repeatedly indicated his opposition to the deal. The case was referred by the Committee on Foreign Investment in the ...
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
TOKYO (Reuters) - Japan's Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal ...