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Biden blocks Nippon Steel’s $15bn takeover of US Steel

The Associated Press - Busines… · 7h

Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

Orange County Register on MSN · 4h

Biden wrong to block sale of U.S. Steel to Nippon Steel

President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.

CBS News on MSN · 1d

U.S. Steel faces murky future after proposed Nippon Steel takeover

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the manufacturer could struggle to energize growth or attract rival acquisition bids.

RealClearMarkets1d

The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger

President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...

Reuters on MSN1h

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 ...

1d

Will White House decision to block US Steel's sale to foreign-owned Nippon reopen door for Cleveland Cliffs?

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...

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