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.
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
The president of Japan's Nippon Steel has expressed confidence in his company's bid to buy US Steel now that the matter is up ...
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
Union employees of U.S. Steel rallied on Thursday in support of the company's proposed sale to Japan-based Nippon Steel.
Nippon Steel merger would be beneficial for U.S. security and the career prospects of U.S. Steelworkers reflect a fundamental ...
"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.
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 ...
Mayor Eddie Melton voiced his support for the merger, saying it would bring much-needed investment and help sustain the steel ...
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