To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...

President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...

The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...

Nippon Steel and U.S. Steel issued a joint statement Saturday, reacting to President Joe Biden’s decision to block a nearly $15 billion proposed transaction.

Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...

When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...

The US federal government is at risk of a shutdown unless Congress can enact appropriations to fund certain federal operations by 0, ...

CFIUS has stalled its decision on the national security risks related to Nippon Steel's acquisition of U.S. Steel, lacking ...

What happens next not only has consequences for the proposed deal worth nearly $15 billion, but also the credibility of the CFIUS review process and the U.S.’s reputation as a welcome ...

Nippon Steel Corporation and U. S. Steel Condemn U.S. Government’s Unlawful Decision to Block Proposed Acquisition of U. S. Steel Companies will take all appropriate action to protect their legal ...

Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...