Nippon Steel stands firm on proposed $15 billion acquisition of US ...
1 day ago · The U.S. market remains a key part of Nippon Steel’s global strategy, said Hashimoto. U.S. Steel Corp. has accused the Biden administration of interference. “We will vigorously defend our rights to complete this transaction and secure the future of U.S. Steel,” the Pittsburgh-based manufacturer said in a recent statement.
U.S. Steel CEO appeals to Trump after Biden blocks Nippon deal - NBC News
10 hours ago · The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker.
Nippon Steel, US Steel file lawsuit after Biden ... - Associated Press News
1 day ago · WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.. In moving to block the transaction Friday, Biden said U.S. companies producing a ...
Biden killed US Steel deal even though some US officials rejected …
1 day ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
U.S. Steel and Nippon Sue Biden Over Blocked Merger
1 day ago · U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis ...
US rejection of Nippon Steel's bid for US Steel ... - Associated Press News
16 hours ago · BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.. There have been plenty of scraps over trade in the past few decades, and Secretary of State Anthony Blinken sought to smooth ruffled feathers in a visit ...
Nippon Steel Corporation and U. S. Steel Condemn U.S.
4 days ago · We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a clear violation of due process and the law governing CFIUS. Instead of abiding by the law, the process was manipulated to …
News Releases :: United States Steel Corporation (X)
Dec 5, 2024 · Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel Read More
US Steel’s shareholders just voted to end more than a century of ...
Apr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
U.S. Steel faces murky future after Biden blocks proposed ... - CBS News
4 days ago · U.S. Steel ranked 27th in the world based on output, and Nippon Steel ranks fourth, according to the World Steel Association. The Associated Press contributed to this report. More from CBS News
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