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US Steel and Nippon Steel filed lawsuits on Monday challenging US President Joe Biden’s decision to block the companies’ proposed $14.9 billion merger deal, alleging the administration cited baseless ...

Nippon Steel, whose multibillion-dollar proposal to ... On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant use of executive authority in ...

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 ...

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New York [US], January 4 (ANI): US President Joe Biden announced on Friday his decision to block a USD 14.3 billion acquisition of US Steel by Japan’s Nippon Steel, a significant exercise of executive ...

PRESIDENT BIDEN’S DECISION TO BLOCK IT. PRESIDENT BIDEN, EXPLAINING HIS REASONING FOR BLOCKING THE $14.3 BILLION ACQUISITION OF U.S. STEEL BY JAPAN’S NIPPON STEEL, SAYING IT’S HIS ...

Why did President Biden block Nippon Steel’s takeover of US Steel? President Biden blocked the deal due to national security concerns, as US Steel is considered a critical industry for the United ...

U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal blow to the ...

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 ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...