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The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...
President Joe Biden has blocked Japanese steel giant Nippon Steel’s acquisition of ... absent a compelling public interest. In this case, the liberty of U.S. Steel became the casualty of a ...
Nippon Steel’s case against the United States for blocking its acquisition of United States Steel is unlikely to succeed, according to attorneys with expertise in relevant areas ...
Cleveland-Cliffs CEO Lourenco Goncalves on the status of the deal between U.S. Steel and Nippon Steel and Cleveland-Cliffs' renewed effort to buy U.S. Steel.
President Joe Biden has blocked Japanese steel giant Nippon Steel’s acquisition of U.S. Steel, citing national-security risks. The trouble is, these risks were fabricated to benefit Cleveland ...
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...
"Nippon Steel and U.S. Steel will do whatever it takes to close this transaction," Mori said in the WSJ piece. "We believe our case is strong, and we look forward to our day in court." Cleveland ...
CFIUS normally decides directly on cases or submits recommendations to the president, but in the U.S. Steel-Nippon Steel case, the panel failed to reach consensus, leaving the decision to Biden.
The Biden administration has extended the deadline for Nippon Steel to abandon its proposed $14.9 billion acquisition of U.S. Steel, providing a potential lifeline for the embattled deal.