Nippon Steel Corporation (NISTF)
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US Steel CEO: Government failed our country after Nippon Steel deal axed
The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm Nippon Steel and revealed his plans to sue.
U.S. Steel and Nippon File Lawsuits After Biden Blocks Merger
The lawsuits call President Biden's decision to block the buyout of the American steel maker by Nippon Steel an ‘unlawful political influence.'
U.S. Steel, Nippon move court against Biden blocking $14.9 bln deal
U.S. Steel and Nippon Steel said on Monday they had filed two lawsuits after U.S. President Joe Biden blocked the $14.9 billion buyout of the American steelmaker by the Japanese company.
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.
Nippon Steel might give another shot to buy U.S. steel after Trump comes in office: Analyst
Mio Kato, founder of LightStream Research says President Biden blocking Nippon Steel's acquisition of U.S. Steel might not be the end of the story.
Nippon Steel president says suing US government is an option, NTV reports
Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", Nippon Television reported on Monday, after President Joe Biden blocked its proposed purchase of U.S. Steel.
Nippon Steel's doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Lourenco Goncalves, CEO of steelmaker Cleveland-Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring investors that President Joe Biden would scuttle the Nippon Steel merger.
Exclusive: Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the CEO of a rival bidder for the firm who repeatedly cast doubt on the deal's prospects to investors.
The Nippon Steel deal and markets
President Biden has blocked Nippon Steel's bid to buy US Steel, the Chinese have allowed the renminbi renminbi (aka yuan) to break through 730 and a House speaker vote. Manus Cranny reports.
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
President Joe Biden on Friday officially blocked the takeover of U.S. Steel by Japan's Nippon Steel, making good on his promise to keep an industrial name that is more than a century old under domestic ownership. Biden said the proposed $14.9 billion acquisition by Nippon would place one of the largest steel producers in the U.S. under foreign control, creating a risk for the nation's critical supply chains.
President Biden blocks Nippon-U.S. Steel deal
CNBC's Megan Cassella reports on news from the White House.
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.
