US Steel and Nippon file lawsuit after Biden blocks merger deal
The firms accuse the Biden administration of blocking the merger for "purely political reasons". ADVERTISEMENTNippon Steel and US Steel filed a federal lawsuit on Monday…
The firms accuse the Biden administration of blocking the merger for "purely political reasons". ADVERTISEMENTNippon Steel and US Steel filed a federal lawsuit on Monday…
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition…
U.S. Steel and Nippon Steel filed a lawsuit Monday following President Joe Biden's decision to block a sale of the U.S. company to Japan. Photo…
Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.United States President Joe Biden has…
Breadcrumb Trail LinksCommoditiesNewsThe companies have signalled that they may challenge the legal grounds of any blockAuthor of the article:Bloomberg NewsJosh Wingrove and Joe DeauxPublished Jan…
President Joe Biden is expected to block Nippon Steel's purchase of U.S. Steel. Photo by Will Oliver/UPI | License Photo Jan. 3 (UPI) -- President…
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.United States President Joe Biden has decided to block…
President Joe Biden greets attendees at the United Steelworkers union headquarters following his address in Pittsburgh as part of a three-day trip across Pennsylvania in…
The Japanese giant is betting its growth plans on its U.S. Steel acquisition, but political opposition is derailing the effort. What happens if the deal…