U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
If Tokyo-based Nippon Steel's proposed $14.1 billion purchase of U.S. Steel doesn't go through, the U.S. government should ...
But this isn't just a corporate catfightit's about the future of U.S. manufacturing and global steel dominance. Hashimoto ...
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.
More than one year after a potential purchase of U.S. Steel was announced, President Joe Biden has officially blocked the ...
Steel has traditionally been made with coal, which emits large amounts of carbon dioxide, and making it currently accounts ...
By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.
Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the steel industries in other countries. Both President Trump and Biden ...
President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
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