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US Steel, Nippon Steel file lawsuits

Hosted on MSN · 17m

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

US Steel sues Biden over blocked merger with Nippon

U.S. Steel and Nippon Steel have filed a lawsuit over President Joe Biden’s decision to stop U.S. Steel from being purchased by the Japan-based company. The post US Steel sues Biden over blocked merger with Nippon appeared first on FreightWaves.

53mon MSN

Blinken Lauds Japan Ties While Skirting Nippon Steel Dispute

Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...

13hon MSN

Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...

2h

Blinken visits Japan as Nippon Steel decision weighs on relations

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

10h

Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills

Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...

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