Nippon Steel's $14.9B U.S. Steel Acquisition Faces Political and Union Hurdles
Nippon Steel's purchase of U.S. Steel, worth $14.9 billion, has been postponed to 2025 due to opposition from unions and politicians. President Biden is evaluating the deal, which faces scrutiny from the Justice Department.
However, in its review of Nippon Steel’s proposed acquisition of U.S. Steel, it has failed to come to consensus.
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
Nippon Steel and JFE Steel seek CCI approval for strategic investments in Queensland's Blackwater Coal Mine for coking coal ...
Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel ...
Nippon President Tadashi Imai told reporters on Wednesday that there is “considerable amount of support for this acquisition” in the Rust Belt.
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