HARRISBURG, Pa. (AP) — The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden ...
President Joe Biden has reportedly decided to block Nippon Steel’s proposed $15 billion acquisition of US Steel, according to the Washington Post on Thursday, citing unnamed administration ...
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to ...
President Biden's decision to block Nippon Steel's proposed acquisition of U.S. Steel for $14 billion was based on national security concerns – a rationale that has sparked pushback. Biden ...
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TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn ...
for allegedly interfering with Nippon Steel’s plans to buy the American company. That lawsuit, filed in U.S. District Court for the Western District of Pennsylvania, says Goncalves and McCall ...
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.
U.S. President Joe Biden is poised to officially block Nippon Steel’s proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday, dealing a probably fatal ...
adding that Nippon Steel and US Steel were focused on pushing ahead with the current agreement. “I have no thoughts of alternative plans.” The two companies are asking the US Court of Appeals ...
Nippon Steel (NPSCY) plans to file a lawsuit against the U.S. after the government decided to block its acquisition of U.S. Steel (X), Nikkei Asia reports. Nippon plans to contest the ...
(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire ...