Nippon Steel offers Biden admin. new US Steel proposal: WaPo
US Steel (X) shares are rising by as high as 11% after the Japanese-owned Nippon Steel (NPSCY, 5401.T) submitted a new buyout proposal to the Biden administration, according to the Washington Post. After the Committee on Foreign Investment in the US (CFIUS) failed to reach a consensus on the deal,
Nippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a ...
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.
As President Joe Biden continues to mull whether to allow one private steelmaking company to purchase another, it's worth ...
One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...
Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.
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