President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...
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 ...
Japan’s outbound M&A volume grew by 36% to nearly $45 billion last year. By September 2024, outbound M&A from Japan to the ...
President Joe Biden said Friday he would block the $14 billion acquisition of U.S. Steel by Nippon Steel of Japan, citing ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.
President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.
By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked ...
Biden continues to state that his decision to block the sale was made to level the playing field "for American steelworkers and steel produ ...
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