Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
WASHINGTON (AP) — Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire ...
IN CAMPAIGN TRIPS LIKE THIS ONE TO PITTSBURGH LAST APRIL, NIPPON AND U.S. STEEL SAY PRESIDENT BIDEN SPOKE OUT AGAINST THE MERGER LONG BEFORE A SECURITY REVIEW TOOK PLACE. THE LAWSUIT, FILED IN D.C ...
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U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed $14 billion acquisition of ...
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 ...
U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
Nippon Steel and US Steel are suing the US government over blocking a takeover, claiming that President Joe Biden "ignored the rule of law to gain favor" with trade unions. The two companies also ...
Nippon Steel and US Steel say a US government panel has extended the deadline for them to unwind their buyout transaction until June. US President Joe Biden blocked the takeover of the US company ...
Jeff Swensen / Getty Images U.S. regulators failed to agree on whether to allow Nippon Steel's $14.9 billion purchase of U.S. Steel, passing the decision to President Biden. Both President Biden ...
Nippon Steel Corp. headquarters is seen in Tokyo's Chiyoda Ward on June 18, 2021. (Mainichi) TOKYO (Kyodo) -- Nippon Steel Corp. said Thursday it will delay the deadline for its planned ...