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
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
TOKYO (Reuters) -Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United ...
Nippon Steel merger would be beneficial for U.S. security and the career prospects of U.S. Steelworkers reflect a fundamental ...
Union employees of U.S. Steel rallied on Thursday in support of the company's proposed sale to Japan-based Nippon Steel.
"Nippon Steel has been informed by CFIUS that the Committee ... diplomatic fallout from derailing a transaction championed by Japan, a close US ally. Nippon said the deal should go through.
The president of Nippon Steel said he is seeing support in Rust Belt communities for the Japanese company’s proposed $15 ...
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