Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker,
Nippon Steel makes last ditch offer to win over BIden approval for US Steel deal
Nippon Steel is making a last-ditch attempt to win President Joe Biden's approval for its $14.9 billion acquisition of United States Steel Corp (BVMF:USSX34), offering the U.S. government veto power over any cuts to U.
Nippon Steel Sends Biden New US Steel Proposal To Win Support: Report
This came after the panel, known as the Committee on Foreign Investment in the United States (CFIUS), failed to reach a consensus on whether Nippon Steel's acquisition of US Steel threatens Washington's national security. The impasse by CFIUS shifts the ...
Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.
Nippon Steel Offers Biden Veto Over US Steel Output, Report Says
Nippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker,
Nippon Steel Offers U.S. Veto Power in U.S. Steel Acquisition Bid
Japan's Nippon Steel is aiming to gain U.S. approval for its bid to acquire U.S. Steel by proposing veto power for the U.S. government over production capacity cuts. President Biden must approve the deal by January 7 or it will be automatically permitted.
U.S. Steel Shares Up After Report of New Takeover Proposal From Nippon Steel
Shares of U.S. Steel gained following a Washington Post report that Nippon Steel proposed giving the U.S. government power to veto any reduction in the steelmaker's production capacity. The stock was up 7.
US Steel surges as Nippon Steel sends new proposal to Biden in final bid for support
US Steel (NYSE:X) +11.8% in Tuesday's trading following a report from The Washington Post that Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) has proposed allowing the U.S. government to veto any reduction in US Steel's production capacity,
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
US Steel Sale to Nippon Looks Dead. CFIUS Won’t Decide If It’s a Security Risk.
A committee charged with judge National security concerns from foreign investment couldn’t decide if Japan was a friend or ...
Why United States Steel Stock Crushed the Market Today
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...
Exclusive: Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows
Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security ...
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US Steel jumps most in a year on Nippon Steel offer to Biden
Shares of US Steel surged by the most in a year. The proposal is aimed at addressing concerns raised by the Committee on ...
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
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Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
Nippon Steel confirms CFIUS referred U.S. Steel decision to President Biden
Nippon Steel (NPSCY) confirms it was notified by the Committee on Foreign Investment in the United States that the panel ...