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Biden blocks sale of US Steel to Japan's Nippon Steel

CNN on MSN · 1d

Biden blocks Japan’s Nippon from taking over US Steel

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration.

The New York Times · 2d

Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.

Hosted on MSN · 2d

US Steel acquisition by Japan’s Nippon blocked

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security.

4don MSN

Japan's Nippon Steel offers governmental veto power for U.S. Steel production

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

2d

Why Japan Won’t Stop Trying to Invest in the U.S.

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...

2don MSN

Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same

President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...

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