Nippon Steel proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity” in a last-ditch bid for President Joe Biden’s approval to acquire the ...
SO FAR. NIPPON STEEL IS HOPING THEIR LATEST OFFER WILL GET A DEAL OVER THE FINISH LINE AND CONVINCE PRESIDENT JOE BIDEN TO APPROVE THEIR PURCHASE OF U.S. STEEL. NIPPON STEEL SENT A LETTER TO ...
Jan 2 (Reuters) - The United Steelworkers union expressed concerns about Nippon Steel's (5401.T), opens new tab latest proposal that gives the U.S. government veto power over any potential ...
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's ...
President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...
WASHINGTON — President Joe Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement Friday based on grounds that the sale posed a threat to national ...
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