US Steel (NYSE:X) -7.9% pre-market Friday as the White House confirms that President Biden will block Nippon Steel's (OTCPK:NPSCY) (OTCPK:NISTF) proposed takeover of the iconic American steelmaker.
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover ...
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
Biden on Friday decided to stop the Nippon takeover — after federal regulators ... or hold discussions with them. Nippon and US Steel argue that the review process was manipulated so that ...
United States President Joe Biden has decided to block the proposed takeover of US Steel by Japan’s Nippon Steel, US media has reported. Biden is expected to announce his decision to scuttle the ...
President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan ... on Foreign Investment in the United States (CFIUS), which failed to ...
Cleveland-Cliffs CEO Lourenco Goncalves on Monday expressed the company's interest in acquiring U.S. Steel at a press ...
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia BANGKOK ...
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
Media outlet CNBC says US steelmaker Cleveland-Cliffs is teaming up with local rival Nucor for the deal. It cites sources ...
Investing.com-- Nippon Steel Corp (TYO: 5401) wants to work with the incoming Trump administration to win a takeover of U.S.