Biden rejects Nippon Steel’s proposed deal to acquire US Steel
9 hours ago · Nippon Steel announced in December that it planned to buy the Pennsylvania steel producer for $14.1 billion in cash — and despite committing to keep the U.S. Steel name and Pittsburgh headquarters — its proposal raised concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security.
Katana - Know Your Meme
"Glorious Nippon Steel Folded Over 1000 Times" is an ironic catchphrase use to impersonate and mock individuals who think katana are vastly superior to western weapons. The catchphrase is often associated with a captioned gif from the videogame War Thunder, featuring a plane cutting a wing from another plane (shown below). [2]
US Steel Sale to Nippon Blocked by Biden. What Happens Next?
6 hours ago · President Joe Biden blocked Nippon Steel Corp.’s $14.1 billion deal to buy United States Steel Corp., ending a saga that sparked a political firestorm amid a grueling presidential election and ...
The Fallout from U.S. Steel - The New York Times
9 hours ago · Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.
Why both Biden and Trump oppose Japan's takeover of US Steel
22 hours ago · 01/03/2025 January 3, 2025. US President Joe Biden has vetoed Nippon Steel's $14.9-billion takeover bid for its American rival, US Steel. Amid bipartisan opposition to the merger, DW asks why US ...
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
17 hours ago · President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to national security.
With Nippon Deal Blocked, What's Next for US Steel?
3 hours ago · President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.
Biden Blocks U.S. Steel Sale To Japan’s Nippon—US Steel
8 hours ago · Topline. President Joe Biden has officially killed the contentious sale of U.S. Steel to its Japanese rival Nippon Steel, striking down a $14.9 billion deal, including debt, announced in 2023 and ...
Joe Biden "sacrificed" US workers for own political agenda—Nippon Steel
4 hours ago · L: U.S. Steel workers at company's headquarters on September 4, 2024. R: U.S. Steel in Braddock, Pennsylvania. Inset: President Joe Biden, who said he blocked the deal with Nippon Steel partially ...
Proposed acquisition of U.S. Steel by Nippon Steel - Wikipedia
On December 18, 2023, Japanese steelmaker Nippon Steel Corporation (NSC), the world's third largest steel producer, [1] entered a definitive agreement to purchase United States Steel Corporation (U.S. Steel) for $14.9 billion. [2]