US rejection of Nippon Steel's bid for US Steel rankles …
2 days ago · BANGKOK (AP) — 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.. There have been plenty of scraps over trade in the past few decades, and Secretary of State Anthony Blinken sought to smooth ruffled feathers in a visit ...
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 $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 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 ...
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel - NBC News
6 days ago · President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
14 hours ago · The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year, U.S ...
Despite Blocked US Steel Bid, Japan Won’t Stop Seeking …
6 days ago · Japan’s biggest business lobby, Keidanren, said in September that America’s investability would be tarnished if Nippon Steel’s $15 billion bid was blocked.
Fate of US Steel’s deal with Japan’s Nippon is now up to ... - CNN
Dec 23, 2024 · A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security...
Biden to decide US Steel deal after panel can't reach consensus - AP News
Dec 24, 2024 · WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to …
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...