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U.S. Steel, Joe Biden
Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
Japan's Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced.
Nippon Extends US Steel Acquisition Awaiting President's Final Decision
The announcement comes as the Committee on Foreign Investment in the U.S. has referred the acquisition matter to President Joe Biden, who will make a final decision about the deal within 15 days. Additionally, the review process of the Antitrust Division of the U.S. Department of Justice is still pending.
Biden to decide on Nippon Steel's bid for US Steel
Japan's Nippon Steel says a US government panel has decided to let President Joe Biden decide whether it can buy US Steel. Biden has repeatedly expressed his opposition to the deal.
Japan's Nippon Steel revises closing date for U.S. Steel acquisition
Japan's Nippon Steel said on Thursday it revised the closing date for its purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company. The estimated closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.
Nippon Steel Deal Could Still Change the Industry
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced productivity, innovative practices and investment in research and development. New product lines could require expanded skillsets, leading to the creation of new jobs.
Nippon Steel delays closing for U.S. Steel deal, as it awaits Biden decision
Nippon Steel on Thursday delayed the closing date for its proposed $14.9 billion purchase of U.S. Steel, as it waits to learn if President Biden will block the deal on national security grounds. Why it matters: The Japanese steelmaker is trying to play nice with the White House,
Nippon extends the closing date to acquire U.S. Steel as Biden decides its fate
Nippon Steel has extended the closing date for its $15 billion acquisition of U.S. Steel (X), as Japan’s biggest steel firm faces opposition from both the current and next president of the U.S.
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9h
Nippon Steel-U.S. Steel Merger Poses No National Security Threat
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on
Japan
's
Nippon
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2d
on MSN
Biden will decide on US Steel acquisition after influential panel fails to reach consensus
A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion ...
devdiscourse
6h
Nippon Steel's $14.9B U.S. Steel Acquisition Faces Political and Union Hurdles
Nippon Steel's purchase of U.S. Steel, worth $14.9 billion, has been postponed to 2025 due to opposition from unions and ...
1d
Nippon Steel president confident buyout of US Steel will go ahead
The president of Japan's Nippon Steel has expressed confidence in his company's bid to buy US Steel now that the matter is up ...
2d
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
12h
Nippon Steel Delays U.S. Steel Acquisition
NIPPON STEEL (JP:5401) has released an update.Don't Miss Our Christmas Offers:Discover the latest stocks recommended by top Wall Street ...
2d
United States Steel: Recovery Might Be Around The Corner
United States Steel Corporation faces valuation concerns despite potential buyout deals. Click here to find out why I ...
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