White House signaling it will likely stop Nippon Steel's plans to buy US Steel
The White House is signaling an openness to formally blocking the acquisition of U.S. Steel by Nippon Steel. President Joe Biden plans to stop the deal from going forward.
Biden preparing to block Nippon Steel purchase of US Steel
The decision would be a stunning rejection of a deal proposed by Japan, a US ally, that became a major political controversy ahead of the November election.
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Biden preparing to block Nippon takeover of US Steel
The president has already expressed opposition to Japanese-owned Nippon’s proposed takeover of U.S. Steel, saying the iconic U.S. company should remain American owned.
White House signalling it will likely stop Nippon Steel's plans to buy US Steel
The White House is signalling an openness to blocking the acquisition of US Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is on the cusp of ending. The Washington Post reported Wednesday that President Joe Biden plans to stop the deal from going forward.
Biden to Block Nippon Steel-US Steel Deal, Washington Post Says
US President Joe Biden is preparing to formally block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., the Washington Post reported Wednesday.
Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources say
By Jeff Mason, David Shepardson and Alexandra Alper WASHINGTON (Reuters) -The White House is close to announcing President Joe Biden will block Nippon Steel's acquisition of U.S. Steel citing national security concerns,
US plans to block Nippon Steel takeover of US Steel - US media
President Joe Biden is preparing to block the takeover of a storied US steel-maker by a Japanese company, a controversial move that critics say would lead to job losses and could chill foreign investment in the US,
U.S. Steel’s stock drops on report that Biden will block Nippon merger
U.S. Steel Corp.’s stock fell sharply Wednesday after reports that President Joe Biden plans to prevent the company from merging with Japan’s Nippon Steel due to national-security concerns.
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U.S. Steel shares plummet amid questions over the fate of its merger with Nippon Steel
U.S. Steel's stock plunged as much as 25% amid a report that President Biden will seek to formally block its $14.1 billion deal with Japan's Nippon Steel.
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