Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
Nippon Steel proposal gives U.S. government veto power over potential cuts to U.S. Steel's production capacity
The Japanese-based company has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity in a last-ditch bid for President Biden's approval, according ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
U.S. Steel sues to salvage its sale to Japan's Nippon Steel
U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security ...
AOL4d
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
TOKYO (Reuters) -Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its ...
Recycling Today7d
Biden officially blocks Nippon Steel’s acquisition of US Steel
Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated and are considering legal action. Employees working at the U.S. Steel ...
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...