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.
However, in its review of Nippon Steel’s proposed acquisition of U.S. Steel, it has failed to come to consensus.
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel ...
Reason on MSN49m
Nippon Steel-U.S. Steel Merger Poses No National Security ThreatThe Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon ...
Nippon Steel and JFE Steel seek CCI approval for strategic investments in Queensland's Blackwater Coal Mine for coking coal ...
Nippon President Tadashi Imai told reporters on Wednesday that there is “considerable amount of support for this acquisition” in the Rust Belt.
The president has 15 days to decide whether to approve or reject the nearly $15 billion sale of the iconic steel company to ...
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