Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.
Biden administration delays deadline for U.S. Steel, Nippon Steel to kill merger
The Biden administration has given U.S. Steel and Japan’s Nippon Steel an extra six months to ditch their merger, keeping the deal alive as litigation unfolds over whether a national security panel’s review of it was tainted by political considerations.
A Nippon Steel executive condemned President Joe Biden for blocking the company’s purchase of U.S. Steel. After Biden blocked ...
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
"Other than that, CFIUS did analyze the specifics, as it always does of this situation, and prepared a thorough analysis to go to the president." U.S. Steel and Nippon Steel alleged in a ...
CFIUS is an intergovernmental agency chaired by the Secretary of the Treasury. However, Trump has previously stated he would block the deal himself. It wasn't clear whether Nippon Steel and U.S ...
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
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