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Joe Biden, U.S. Steel
US Steel drops as Biden plans to block sale to Nippon Steel
PRESIDENT Joe Biden plans to formally block the US$14.1 billion sale of United States Steel to Nippon Steel on national security grounds once the deal is referred back to him later this month, sources familiar with the matter said.
Biden plans to finally kill Nippon Steel bid for US Steel
Nippon Steel and US Steel are poised to pursue litigation over the process if Biden decides to block the merger, Bloomberg sources say.
Biden set to finally kill Nippon Steel purchase of U.S. Steel
Biden — born in U.S. Steel’s home state of Pennsylvania — has long signaled opposition to the sale, and has said the company would remain domestically owned. At the same time, he has stopped short of a pledge to kill the deal, while President-Elect Donald Trump has promised repeatedly to block it.
Biden plans to formally block U.S. Steel sale, Bloomberg reports
With about 40 days until President-elect Donald Trump takes office, President Joe Biden is expected to block a Japanese company’s acquisition of U.S. Steel. On Tuesday, Bloomberg reported that
Biden Plans to Block Nippon Steel Purchase of US Steel, Bloomberg News Reports
U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national security grounds once the multi-billion dollar deal is referred back to him later this month,
President Biden to formally block Nippon deal to buy U.S. Steel, Bloomberg says
President Joe Biden plans to formally block the sale of United States Steel (X) to Japan’s Nippon Steel (NPSCY) on national security grounds
U.S. Steel Stock Drops on Report Biden to Block Nippon Takeover
U.S. Steel stock was tumbling after Bloomberg reported that President Joe Biden would block its acquisition by Japanese steel company Nippon Steel. The surprising part of the takeover drama isn’t the decision.
US Steel plunges after report Biden set to block $14B sale to Nippon Steel
US Steel (NYSE:X) sunk 14% after a report that President Joe Biden will formally block the $14 billion sale to Nippon Steel (OTCPK:NPSCY) over national security concerns. Biden will block the deal once the Committee on Foreign Investment in the U.
1h
on MSN
US says review of Nippon-US Steel tie-up ongoing as US Steel shares tumble
A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what ...
4d
on MSN
Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel
The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. “We ...
16h
Japanese Takeover Could Spell Long-Term Decline of U.S. Steel, Union Chief Says
McCall also criticised the Japanese suitors for not trying to stop or intervene in what he called "bullying" from U.S. Steel ...
14h
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
4d
Crunch time for Japan’s Nippon Steel in race to complete US Steel takeover before Trump 2.0
Analysts say Nippon Steel remains confident as it pushes for the deal to go through, despite Trump’s vow to block it.
7d
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that ...
4d
Japan's Nippon Steel sets sights on growing overseas market in bid to acquire US Steel
The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. (AP ...
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