Nippon Steel Logo - Search News

Joe Biden, U.S. Steel

The Associated Press on MSN · 2h

US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia.

Nippon Steel Not Giving Up On US Steel Acquisition Despite Biden's Block: CEO

Earlier, Biden blocked the acquisition of US Steel by Nippon Steel, calling it a threat to national security. US Steel CEO David Burritt called Biden's decision to block the deal a disgrace and an act of political corruption.

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

17h

Milbank, Wachtell, Ropes and Pittsburgh Duo Aim to Save Nippon Steel-U.S. Steel Merger

Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two ...

19h

Cleveland-Cliffs calls U.S. Steel and Nippon Steel lawsuits ‘desperate’

Cleveland-Cliffs (CLF) provided a statement regarding the recent developments related to the United States Government decision to prohibit the ...

3don MSN

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel — something he had first vowed ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results