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Nippon Extends US Steel Acquisition
Japan's Nippon Steel extends closing date for U.S. Steel acquisition
Japan's Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.
Nippon Extends US Steel Acquisition Awaiting President's Final Decision
The announcement comes as the Committee on Foreign Investment in the U.S. has referred the acquisition matter to President Joe Biden, who will make a final decision about the deal within 15 days. Additionally, the review process of the Antitrust Division of the U.S. Department of Justice is still pending.
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.
Biden to decide on US Steel takeover
Biden will decide on U.S. Steel acquisition after influential panel fails to reach consensus
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S.
Biden will decide on U.S. Steel-Nippon Steel deal after panel fails to reach consensus on national security risk
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
President Biden to decide approval of U.S. Steel sale
President Biden is set to decide the fate of U.S. Steel, a cornerstone of American manufacturing for more than a century. A company in Japan is trying to buy it, but the sale would need the approval of the president.
Reason on MSN
2h
Nippon Steel-U.S. Steel Merger Poses No National Security Threat
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on
Japan
's
Nippon
...
1d
Nippon Steel president confident buyout of US Steel will go ahead
The president of Japan's Nippon Steel has expressed confidence in his company's bid to buy US Steel now that the matter is up ...
2d
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
Manufacturing
3d
Nippon Steel Deal Could Still Change the Industry
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
1d
Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says
TOKYO (Reuters) -Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United ...
2d
Nippon Steel's U.S. Steel bid referred to President Biden for final decision
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, ...
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