By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a ...
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the ...
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...
US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...