Steel companies ‘dismayed’ by Biden’s decision to block deal, calling it ‘political’
Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could impair the national security of the United States.
United States Steel Corp. and Nippon Steel on Friday struck back at what they called President Biden's "unlawful decision" to ...
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
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