He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, NipponSteel had promised to invest $2.7 billion in U.S. Steel’s aging ...
TOKYO (Reuters) -Japan's NipponSteel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its ...
Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's NipponSteel. The companies in a joint statement ...
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s NipponSteel, marking a significant use of executive authority in the closing days of his ...