President Joe Biden is reportedly poised to block Nippon Steel’s acquisition of U.S. Steel, a century-old icon of American industry. Experts say his halting of the deal risks undercutting his ...
HONG KONG/TOKYO :Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S. Steel purchase, advisers said. Any U.S. move to block ...
The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of US Steel would pose a national security risk by harming the American steel industry, three ...
Nippon Steel – which, Whitehaven announced on Thursday, will buy a 20 per cent stake in the Blackwater metallurgical coal operations in Queensland – specifically called out the threat of ...
TOKYO (Reuters) -One of the frontrunners to become Japan's next premier said on Friday that any U.S. move to block Japan's Nippon Steel from buying U.S. Steel on national security grounds would be ...
To virtually no one’s surprise, President Joe Biden appears set to block the $14.1 billion sale of United States Steel Corp. to Japan’s Nippon Steel Corp. on national-security grounds.
Nippon Steel's proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, construction and ...
Nippon Steel's US Setback a Wake-Up for Japan Inc's Foreign Forays By Kane Wu, Yantoultra Ngui and Miho Uranaka HONG KONG/TOKYO (Reuters) -Japanese firms are set to scrutinise overseas deals more ...
The White House is close to announcing President Joe Biden will block Nippon Steel's acquisition of US Steel, opens new tab citing national security concerns, two sources familiar with the ...
The White House is preparing to block the acquisition of US Steel by Nippon Steel, according to reports from the Washington Post and the Financial Times. A White House official, insisting on ...
President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14 ...
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, two sources familiar with the ...