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Biden, U.S. Steel and Japan
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned and American-operated."
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
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.
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
President Biden blocks Japanese takeover of U.S. Steel. What does it mean for Gary, Indiana steel mill?
Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel mill.
Biden blocked US Steel and Nippon merger. The companies are now suing the US government
The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.
Nippon Steel, US Steel sue over blocked bid
The first lawsuit filed in the U.S. Court of Appeals for the District of Columbia Circuit claims the companies’ constitutional right to due process was violated.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel
6h
on MSN
Japanese steelmaker vows not to give up on buying U.S. Steel
Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden ...
20m
on MSN
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security ...
2h
Nippon Steel keeps battling for U.S. Steel buyout despite Biden’s veto
Eiji Hashimoto is getting his samurai on — riding into battle against both the outgoing and incoming U.S. presidents.
Anadolu Ajansi
10h
Top Japanese diplomat hosts outgoing US counterpart Blinken amid tensions over blocked steel acquisition
On last trip as US top diplomat, Antony Blinken tells his Japanese counterpart he also came to Japan on his 1st trip in 2021 ...
9h
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 ...
17h
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 ...
6d
on MSN
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
2h
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
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