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Bookmark or Share- Biden blocks US Steel takeover by Japan-based NipponPresident Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...
- Biden rejects Nippon Steel’s proposed deal to acquire US SteelNippon Steel announced in December that it planned to buy the Pennsylvania steel producer for $14.1 billion in cash — and despite committing to keep the U.S. Steel name and Pittsburgh headquarters — its proposal raised concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security.
- Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC NewsPresident Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by Japanese company Nippon Steel, capping off a yearlong business saga that drifted into election ...
- Biden set to block Japan’s Nippon from taking over US Steel ... - CNNPresident Joe Biden plans to announce as soon as Friday that he is blocking a $14.3 billion of US Steel by Japan’s Nippon Steel, according to published reports in the Washington Post and New ...
- Biden blocks U.S. Steel sale to Japan's Nippon Steel - The HillPresident Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
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