In an op-ed for the Wall Street Journal, Takahiro Mori, Nippon Steel’s vice chairman and representative director, argued that the Committee on Foreign Investment in the United States’s review ...
Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...
Cleveland-Cliffs tried to buy U.S. Steel in 2023, an offer that was rejected in favor of Nippon’s higher bid. CNBC reported on Monday morning that Cleveland-Cliffs would seek to take over U.S ...
TOKYO, Jan 13 (Reuters) - Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's (5401 ...
Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S ...
WASHINGTON — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company ...
Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion buyout of the American steelmaker by the Japanese firm. President-elect Donald ...
Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s ...
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security. Cleveland-Cliffs ...
The United Steelworkers have opposed the deal, concerned over whether the company would honor existing labor agreements or slash jobs, and questioned Nippon Steel’s status as an honest broker ...
WASHINGTON – The Biden administration will hold off enforcing a requirement laid out in an executive order in January that Nippon Steel abandon its US$14.9 billion (S$20.4 billion) bid for US ...