He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, NipponSteel had promised to invest $2.7 billion in U.S. Steel’s aging ...
TOKYO (Reuters) -Japan's NipponSteel 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 ...
Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.
President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s NipponSteel, marking a significant use of executive authority in the closing days of his ...
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