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Biden blocks sale of US Steel to Japan's Nippon 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
Mon Valley leaders, steelworkers 'extremely disappointed' with Biden decision to block Nippon Steel-U.S. Steel deal
Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and union members in the Mon Valley said they are concerned about the fate of U.
5h
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 ...
2h
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Cleveland-Cliffs CEO allegedly cast doubt on deal prospects on at least 9 investor calls. Read more at straitstimes.com.
2d
on MSN
Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career
The decision to block U.S. Steel's acquisition by Nippon Steel is the perfect coda to President Joe Biden's political career.
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 ...
RealClearMarkets
1d
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 ...
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 ...
5d
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 ...
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Joe Biden
Committee on Foreign Investment in the United States
Steel
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