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Biden blocks Nippon bid to buy US Steel
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.
Nippon Steel, U.S. Steel ‘dismayed’ by Biden’s decision to block proposed deal, statement says
Nippon Steel and U.S. Steel issued a joint statement Saturday, reacting to President Joe Biden’s decision to block a nearly $15 billion proposed transaction.
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Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was ...
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 ...
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 ...
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 ...
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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