Biden killed US Steel deal even though some US officials rejected …
1 day ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
Nippon Steel stands firm on proposed $15 billion acquisition of US ...
19 hours ago · TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move. “There is no reason or need to give up,” he told reporters at company headquarters in Tokyo.
US Steel and Nippon Steel sue Biden administration over ... - ABC News
1 day ago · The suit claims Biden's actions were in part politically motivated. U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger ...
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to ...
1 day ago · TOKYO & PITTSBURGH--(BUSINESS WIRE)-- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. (“NSNA”), and United States Steel Corporation ("U. S. Steel") (NYSE: X) (together with Nippon Steel, the “Companies”) today jointly filed two lawsuits to remedy the ...
Nippon, US Steel Sue to Save Merger After Biden Blocks It
1 day ago · Nippon Steel Corp. and United States Steel Corp. jointly filed a pair of lawsuits in a last-ditch effort to preserve their planned merger, which was blocked last week by President Joe Biden.
U.S. Steel and Nippon Sue Biden Over Blocked Merger
1 day ago · U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis ...
Rise of US Steel paralleled the arrival of the United States on the ...
4 days ago · President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had first vowed to do in March.. His decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach consensus on the possible national security risks of the deal last month. The rise of U.S. Steel, a storied American company ...
Nippon Steel Corporation and U. S. Steel Condemn U.S.
4 days ago · We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a clear violation of due process and the law governing CFIUS. Instead of abiding by the law, the process was manipulated to …
News Releases :: United States Steel Corporation (X)
Dec 5, 2024 · Nippon Steel Corporation and U. S. Steel Condemn U.S. Government’s Unlawful Decision to Block Proposed Acquisition of U. S. Steel Read More
US Steel and Nippon sue Biden administration, Steelworkers …
1 day ago · US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the ...