TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...
noting that U.S. Steel's mini-mill assets could be attractive to peers like steel products company Nucor Group, which considered buying parts of U.S. Steel before dropping out over price concerns.
Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...
a review panel known as CFIUS, intended to allay concerns that Nippon Steel's proposed purchase of U.S. Steel could lead to a decline in domestic steel output and a reduction in its U.S. workforce.
President Joe Biden has made good on his months of public opposition to the proposed purchase of American company U.S. Steel by Japan’s Nippon Steel, announcing Friday he is blocking the $14.9 ...
“The virtue of this truncated polyhedron shape is that we have 25 panel shapes that repeat themselves, so it reduces details immensely,” says López-Pérez. In his view, the project has only two ...