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.
It is the wrong decision for many reasons. Nippon Steel, and Japan, have good reasons to be angered and aggrieved.
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's ...
Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel ...
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
Japanese steel producer says it remains confident the acquisition “will protect and grow United States Steel.” ...
Nippon Steel merger would be beneficial for U.S. security and the career prospects of U.S. Steelworkers reflect a fundamental ...
Union employees of U.S. Steel rallied on Thursday in support of the company's proposed sale to Japan-based Nippon Steel.
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