Nippon Steel Corporation (NISTF)
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Joe Biden blocks Nippon Steel's bid to purchase US Steel
President Biden said the $14.9bn deal could hurt national security
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
US blocks Nippon Steel's bid to purchase U.S. Steel
U.S. President Joe Biden on Friday followed through on his pledge to block Nippon Steel's $14.9 billion bid for U.S. Steel , citing concerns the deal could hurt national security.
President Biden to block sale of US Steel to Nippon Steel: report
President Joe Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.
U.S. Steel Stock Tumbles on Report Biden Set to Block Nippon Takeover
In one of his final significant acts as President, Joe Biden is set to block the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on Friday.
What's next for U.S. Steel's stock price after reports of Nippon Steel deal rejection
Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the acquisition as early as Friday.
Biden Blocks Nippon Steel's $14.9bn bid for US Steel
President Joe Biden has reportedly decided to block Nippon Steel's $14.9 billion acquisition of US Steel, citing national security concerns. The decision follows a review by the Committee on Foreign Investment in the United States (CFIUS), which raised fears that the deal could reduce US Steel's production capacity, potentially affecting critical industries.
Biden decides to block Nippon Steel's $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden's decision to block Nippon Steel's $15 billion takeover bid of U.S. Steel on Friday.
Biden decides to block U.S. Steel sale to Nippon Steel, Washington Post reports
U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not authorized to speak publicly about the matter.
Steelworkers union criticizes Nippon Steel's proposal for lack of long-term commitment
The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel's production capacity, if they get the approval to merge.
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker, a source familiar with the matter said on Tuesday.
Japan's Nippon Steel extends closing date for U.S. Steel acquisition
Japan's Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.
