President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to ...
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national ...
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
TOKYO : Shares in Nippon Steel fell more than 1 per cent on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan ...
WASHINGTON, Jan 5 (Reuters) - Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel (X.N), opens new tab from the Biden administration, it was also contending with ...
He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging ...
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...
WASHINGTON, Jan 6 (Reuters) - U.S. President Joe Biden unlawfully blocked Nippon Steel's (5401.T), opens new tab $14.9 billion bid for U.S. Steel (X.N), opens new tab through a sham national ...
TOKYO (Reuters) -Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share ...
PRESIDENT BIDEN, EXPLAINING HIS REASONING FOR BLOCKING THE $14.3 BILLION ACQUISITION OF U.S. STEEL BY JAPAN’S NIPPON STEEL, SAYING IT’S HIS RESPONSIBILITY TO ENSURE THAT, QUOTE, AMERICA HAS A ...
Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...