Us Steel News - Latest Updates & Headlines
Japan's Ishiba asks Biden to address 'strong concerns' in business community over blocking steel takeover deal
Tokyo, Jan 13: Japanese Prime Minister Shigeru Ishiba asked US President Joe Biden to address "strong concerns" in both Japanese and US business circles following Biden's order to block Nippon Steel's takeover of U.S. Steel, local media reported Monday.
Biden blocks Nippon Steel's USD 14.3 billion takeover of US Steel
New York, January 4: US President Joe Biden announced on Friday his decision to block a USD 14.3 billion acquisition of US Steel by Japan's Nippon Steel, a significant exercise of executive authority towards the end of his administration, CNN reported.
Japan's Nippon Steel to sue US government over decision to block acquisition
Tokyo, Jan 4: Japan's Nippon Steel Corp. is set to file a lawsuit in response to United States President Joe Biden's decision to block its takeover of US Steel Corp., local media reported Saturday.