Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...
WASHINGTON-US President Joe Biden on Jan 3 followed through on his pledge to block Nippon Steel’s US$14.9 billion (S$20.4 billion) bid for US Steel, citing concerns the deal could hurt national ...
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...
President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...
Former Secretary of State Mike Pompeo defended the proposed $14 billion deal for Nippon Steel to acquire U.S. Steel and urged President-elect Trump to support the acquisition ahead of President ...
President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan.
WASHINGTON — President Biden has rejected the nearly $15-billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the ...
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...