Fate of US Steel’s deal with Japan’s Nippon is now up to ... - CNN
6 days ago · The fate of Nippon Steel’s acquisition of US Steel is now in the hands of Biden, who is expected to block it after arguing for months that the company should remain American-owned to protect...
U. S. Steel Statement on CFIUS Referring Decision on Pending ...
5 days ago · U. S. Steel Statement on CFIUS Referring Decision on Pending Transaction with Nippon Steel to The President December 23, 2024 10:45 pm EST Download as PDF We were notified by CFIUS that the Committee was unable to reach a consensus on the transaction between U. S. Steel and Nippon Steel Corporation and referred it to the President to make a ...
Biden to decide US Steel deal after panel can't reach consensus - AP News
5 days ago · WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to …
Biden will decide on U.S. Steel acquisition after influential panel ...
3 days ago · Nippon Steel said Tuesday that it had been informed by CFIUS that it had referred the case to Biden, and it urged him to “reflect on the great lengths that we have gone to to address any ...
Biden will decide on U.S. Steel-Nippon Steel deal after ... - CBS News
5 days ago · Nippon Steel pledged to invest $2.7 billion in United Steelworkers-represented facilities, including U.S. Steel's blast furnaces, and promised not to import steel slabs that would compete with the ...
National Security Committee Forgoes Decision on U.S. Steel …
5 days ago · A powerful U.S. national security committee was unable to reach a conclusive decision about whether Japan’s Nippon Steel should be allowed to buy U.S. Steel, according to letters the federal ...
President Biden to decide fate of Nippon Steel's $15 billion bid …
5 days ago · WASHINGTON, Dec 24 (Reuters) - Nippon Steel's (5401.T), opens new tab $15 billion bid for U.S. Steel (X.N), opens new tab has been referred to U.S. President Joe Biden, a White House spokesman ...
Nippon Steel bid for U.S. Steel referred to Biden, Japanese firm says
5 days ago · A government review board was unable to reach a consensus in Nippon Steel's planned $15 billion purchase of U.S. Steel and has referred the matter to President Biden, the two companies said on Monday night.. The big picture: The Washington Post first reported on Monday's deadlock by the Committee on Foreign Investment in the United States (CFIUS) over the potential impact on national security ...
U.S. decision on Nippon's bid for U.S. Steel pushed back until …
Sep 17, 2024 · CFIUS is reviewing a bid by Japan's Nippon Steel to buy U.S. Steel and has granted a request from the Japanese company to refile its takeover application.
US decision on Nippon bid for US Steel pushed back to after Nov ...
Sep 17, 2024 · CFIUS is concerned Nippon Steel's merger could hurt the supply of steel needed for critical transportation, construction and agriculture projects, it said in its August letter to the...
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