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Biden blocked the U.S. Steel deal with Japan's Nippon Steel
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
Japan's Nippon Steel determined to challenge Biden's decision to block US Steel acquisition
Japan's Nippon Steel on Monday reiterated its determination to challenge U.S. President Joe Biden's decision to block its takeover of U.S. Steel. Nippon Steel President Tadashi Imai said in a statement issued Monday that "we will pursue every possible measure" as "we will never give up on expanding our U.S. operations."
4d
on MSN
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
2d
on MSN
Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same
President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...
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