The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong ...

The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

Having a 123-year-old iconic American steel giant be taken over by a Japanese producer has not gone well in the US of A.

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

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 ...

https://www.tipranks.com/news/the-fly/nippon-steel-pushes-out-expected-u-s-steel-closing-date-to-q1-of-2025 Nippon Steel (NPSCY) issued the following statement ...

Nippon Steel (OTCPK:NPSCY) extended the closing date for its planned more than $14 billion purchase of US Steel (NYSE:X) to Q1 as it awaits a decision from President Joe Biden on the deal.