President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

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

U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.

The president's rejection of Nippon Steel's offer to buy U.S. Steel ignites another debate about the industry's role in ...

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 has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U ...

By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days ...

The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.

Nippon Steel has sent the White House a new proposal on US Steel, attempting to get the green light from President Joe Biden to acquire the American company, a US media report said Tuesday. 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 ...