Nippon
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Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources say Reuters Source link
Biden Expected to Block U.S. Steel Takeover by Nippon The New York Times Source link
Biden preparing to block Nippon Steel purchase of U.S. Steel The Washington Post US Steel CEO Warns of Plant Closings, HQ Move if Nippon Steel Deal Fails Investopedia Biden to Block Nippon Steel’s Proposed Takeover of US Steel Yahoo Finance
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By Aatreyee Dasgupta (Reuters) -U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan’s Nippon Steel, as expected, taking the merger one step closer to completion even as political opposition to the deal mounts. U.S. Steel said that over 98% of the votes were in favor of the deal under which Nippon […]
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By David Shepardson and Yuka Obayashi WASHINGTON/TOKYO (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday urged the White House to scrutinize the relationship between Nippon Steel and the Chinese steel industry, citing national security concerns amid bipartisan opposition in Congress to the Japanese company’s $14.9 billion deal to acquire U.S. Steel Corp. […]
(Reuters) – The union representing employees of United States Steel on Tuesday said it would not support Japanese firm Nippon Steel’s draft agreement to gain support for its takeover of the U.S. company. In December, Nippon agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval amid […]
TOKYO — Japan’s largest steelmaker defended its proposed acquisition of U.S. Steel on Friday as a way to strengthen “American supply chains and economic defenses against China,” a day after President Joe Biden came out against the deal. Nippon Steel said it was determined to complete the $14 billion takeover agreed to . . .
WASHINGTON (AP) — President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to “maintain strong American steel companies powered by American steel workers.” In a statement, Biden added: “U.S. Steel has been an iconic American steel company for […]