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Biden blocks Nippon bid to buy US Steel
President Biden blocks U.S. Steel sale to Nippon
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
2h
on MSN
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for US Steel from the Biden administration, it was also ...
2d
on MSN
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
1d
on MSN
What does blockage of steel deal mean for U.S. Steel facility in Jefferson County?
President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...
12d
on MSN
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 ...
12d
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 ...
4d
CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
RealClearMarkets
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The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
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Joe Biden
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Steel
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