Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
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% ...
Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...
Copyright 2025 The Associated Press. All Rights Reserved. Industrialist and steel magnate Andrew Carnegie is seen in this undated photo. (AP Photo, File) This is a ...
President Biden blocked the sale of U.S. Steel X4.45%increase; green up pointing triangle to Japan’s Nippon Steel 5401-1.30%decrease; red down pointing triangle, fulfilling his pledge to keep ...
Rise of US Steel Paralleled the Arrival of the United States on the World Stage President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday ...
WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...
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 ...