U.S. Steel, Nippon Steel spar with Cleveland-Cliffs in court
The Pittsburgh suit is playing out at the same time as another lawsuit in D.C. on the president's block of the deal.
New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
Japanese prime minister warns of fallout from Biden veto of Nippon-U.S. Steel deal
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
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US Steel and Nippon Steel sue Biden administration over blocked merger
The suit claims Biden's actions were in part politically motivated. U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger ...
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Japan’s investments in US set to go on despite Nippon Steel’s takeover setback
On January 3, Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp, citing national security concerns, slightly over a year after Nippon made its offer in December 2023.