Nippon Steel's legal challenge to overturn the US government decision blocking its acquisition of United States Steel Corp is scheduled to commence on Feb 3, according to court documents.
Biden blocked Nippon’s proposed acquisition of US Steel (NYSE:X), saying the steel producers and the American steelworkers “are the backbone of our nation.” However, the administration ...
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.