Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
4 days ago · President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition. (AP Video by Ted Shaffrey, Patrick Aftoora-Orsagos) ... in a video news conference, called it the “right move for our members and for America’s ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC News
4 days ago · President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
Japanese steelmaker vows not to give up on buying U.S. Steel - NBC News
18 hours ago · TOKYO — Japan’s largest steelmaker said Tuesday that it would not give up trying to purchase U.S. Steel even after President Joe Biden blocked the $15 billion bid last week over national ...
Nippon Steel stands firm on proposed $15 ... - Associated Press News
1 day ago · Proponents of the takeover, which surfaced more than a year ago, say Japan is a U.S. ally, as well as a top investor in American companies. They also argue Nippon Steel and U.S. Steel coming together makes for a viable force in an industry now dominated by the Chinese, creating jobs and economic impact of up to $1 billion.
Biden blocks Japan’s Nippon from taking over US Steel
4 days ago · President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
US rejection of Nippon Steel's bid for US Steel rankles …
17 hours ago · Nippon Steel Chief Executive Eiji Hashimoto said the top Japanese steelmaker was standing firm on its proposed $15 billion friendly acquisition. Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration’s decision. But the assertion that the proposed deal could threaten U.S. national security has stung.
Nippon Steel, U.S. Steel file lawsuits after Biden blocks merger
1 day ago · Biden's order, issued Friday, marked the first time a U.S. president has blocked a merger and acquisition deal involving a Japanese company. He said the takeover would "create risk for our national security and our critical supply chains." The order required Nippon Steel and U.S. Steel to abandon their merger plan within 30 days.
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 CEO appeals to Trump after Biden blocks Nippon deal - NBC News
11 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.
Despite Blocked US Steel Bid, Japan Won’t Stop Seeking …
3 days ago · Japan’s biggest business lobby, Keidanren, said in September that America’s investability would be tarnished if Nippon Steel’s $15 billion bid was blocked.
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