The Biden administration has granted Japan's Nippon Steel a six-month extension on the deadline for the company to abandon its bid to purchase U.S. Steel. President Biden had blocked the proposed sale ...

The extension by CFIUS now provides additional time for the companies to address the concerns raised by the executive order. InvestingPro analysis reveals that U.S. Steel has maintained dividend ...

The U.S. government has extended until June a deadline for Nippon Steel 5401-0.56%decrease ... for national-security risks had granted an extension to June 18 for the requirement in President ...

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 Administration extended a deadline for the Japanese steelmaker to abandon ...

Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...

“We are pleased that CFIUS has granted an extension to June 18, 2025 of the requirement in President Biden’s Executive Order that the parties permanently abandon the transaction,” U.S. Steel ...

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition ...