Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

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

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Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.

A US government panel could not reach consensus on whether US Steel's acquisition by Japan's Nippon Steel threatened Washington's national security, with the White House now likely to block the ...

WASHINGTON: Nippon Steel's US$15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has ...

A key U.S. government panel has reached an impasse over Nippon Steel‘s NPSCY $14.9 billion bid for United States Steel Corporation X, shifting the final decision to President Joe Biden amid ...

The economic risk, however, is giving up Nippon Steel's potential investments in the mills and upgrades that might help preserve steel production within the United States. Under the terms of the ...

Nippon Steel (OTCPK:NPSCY) alleged that the Biden administration had "impermissible undue influence" over a national security review of its more than $14 billion planned acquisition of US Steel ...

WASHINGTON (Reuters) -Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner ...

Australia’s Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company’s Kami project in Canada for C$245 million ($170.41 ...

It may not be as damaging as Herbert Hoover’s Smoot-Hawley tariffs, or Richard Nixon’s wage-price controls, but a decision by President Biden to block the Nippon-U.S. Steel deal would be one ...