US Steel: Biden administration gives Nippon Steel more time to …
WEB2 days ago · US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...
Biden Administration Extends Review Period for Nippon Takeover …
WEB2 days ago · His comments, made at the Detroit Economic Club, came as U.S. Steel has been facing a political storm over Nippon’s $15 billion takeover bid. Top Republicans and Democrats, Mr. Biden, Ms. Harris ...
Nippon Steel Announces Governance Policy for U. S. Steel
WEBSep 4, 2024 · Nippon Steel is confident that the Transaction will revitalize the American steel rust belt, benefit American workers, local communities, and national security in a way no other alternative can.
Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, …
WEB6 days ago · A powerful U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel faces a Sept. 23 deadline to recommend whether the White House should block the deal, two people ...
U.S. Blowback to Nippon Steel-U.S. Steel Merger Vexes Japan
WEBSep 6, 2024 · Leaders of the United Steelworkers have said they are unhappy with the terms offered to them by Nippon Steel and have argued that a foreign corporation’s purchase of an American steel company...
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
WEBAug. 26, 2024. When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in...
Nippon Steel to Get Extension, Pushing Deal Review Past Vote
WEB2 days ago · A US security panel has granted Nippon Steel Corp.permission to refile its plans to purchase United States Steel Corp., for $14.1 billion, likely pushing a decision on the politically contentious ...
Biden prepared to block US Steel purchase by Nippon Steel
WEBSep 5, 2024 · President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14...
Joe Biden set to block Nippon Steel’s takeover of US Steel
WEBSep 4, 2024 · President Joe Biden is set to block Nippon Steel’s acquisition of US Steel after his administration concluded that the $14.9bn transaction posed a national security risk that could not be...
Blocking the Nippon Steel Acquisition: Politics Versus Policy
WEBSep 11, 2024 · In the case of Biden’s reported decision to block Nippon Steel’s proposed acquisition of U.S. Steel, the trade-off perceived by the White House is apparently between good politics and good policy.