Nippon Steel extends closing period of U.S. Steel acquisition; Decision heads to President Biden
AND JUSTIN THIS AFTERNOON NIPPON STEEL EXTENDING THE CLOSING DATE FOR A PROPOSED SALE OF U.S. STEEL. IT’S NOW THE FIRST ...
Nippon Steel pushes back U.S. Steel acquisition date
Nippon Steel on Thursday said it was revising its expectations for the closing of the U.S. Steel deal from the end of 2024 ...
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Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
Both US Steel and Nippon have maintained that the deal poses no national security threat. The companies each put out statements Monday night saying CFIUS notified them that it failed to reach a ...
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Nippon's Steel Ambition Stalled: CFIUS in Limbo Over U.S. Deal
The Committee on Foreign Investment in the United States (CFIUS) failed to reach a consensus on Nippon Steel's bid to acquire ...
Exclusive: Nippon Steel alleges undue White House influence on doomed deal review, letter says
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
US Steel sale now in Biden's hands
The president has 15 days to decide whether to approve or reject the nearly $15 billion sale of the iconic steel company to ...
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Nippon Steel's U.S. Steel Acquisition Faces CFIUS Hurdles
Nippon Steel has not received updates from the U.S. Committee on Foreign Investment about the security risks related to its ...
Exclusive: Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows
Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security ...