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Steel, Joe Biden
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity.”
US President Biden to decide fate of Nippon Steel’s US$15 billion bid for US Steel
Nippon Steel and US Steel have previously said they planned to close the deal before the end of 2024. Read more at straitstimes.com.
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,
Hudson Institute
13d
The Real Deal for US Steel: A Comprehensive Analysis of the Nippon Steel–US Steel Purchase
However, opposition to the deal came from numerous quarters. President David McCall of United Steelworkers (USW) criticized it, claiming the union did not trust Nippon Steel to stick to existing labor ...
9d
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
Opinion
4h
on MSN
Opinion
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political ...
5d
Time line: U.S. Steel's long journey toward Nippon Steel
When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...
Stars and Stripes
1d
Nippon Steel reportedly negotiating directly with White House in quest to purchase US Steel
An entrance sign for Japanese company Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki ...
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