Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC News
6 days ago · Nippon Steel, Japan’s largest steelmaker, did not immediately respond to a request for comment. United Steelworkers, the union representing many of the company’s employees, hailed the ...
US rejection of Nippon Steel's bid for US Steel rankles …
2 days ago · Headlines in Japanese newspapers mainly focused on Nippon Steel and U.S. Steel’s plan to fight the ruling in court. US-Japan alliance Japan is the biggest and most important U.S. ally in Asia, a relationship forged during the U.S. occupation following Japan’s 1945 …
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
6 days ago · Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel. Read More. 1 of 5. ... Steelworkers President David McCall said the union is grateful for Biden’s move to block the sale and, in a video news conference, called it the “right move for our members and for America’s national security.” ...
Biden killed US Steel deal even though some US officials rejected …
3 days ago · President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...
Biden blocks Japan’s Nippon from taking over US Steel
6 days ago · President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...
Nippon Steel stands firm on proposed $15 billion acquisition of US ...
3 days ago · TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move. “There is no reason or need to give up,” he told reporters at company headquarters in Tokyo.
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
14 hours ago · U.S. Steel Takeover Bid: U.S. Steel and Japan’s Nippon Steel sued the United States government in a last-ditch attempt to revive their attempted merger after Biden blocked it over national ...
Despite Blocked US Steel Bid, Japan Won’t Stop Seeking …
6 days ago · In the United States, during a heated presidential campaign, both Mr. Biden and his opponent, Donald J. Trump, came out against the Japanese acquisition of U.S. Steel, an iconic American company ...
Fate of US Steel’s deal with Japan’s Nippon is now up to ... - CNN
Dec 23, 2024 · The fate of Nippon Steel’s acquisition of US Steel is now in the hands of Biden, who is expected to block it after arguing for months that the company should remain American-owned to protect...
U.S. Blowback to Steel Merger Vexes Japan - The New York Times
Sep 6, 2024 · The prospect that President Biden is ready to block a merger between Nippon Steel and U.S. Steel on national security grounds is stirring discontent in Tokyo, where some officials view the...