News

US government will have veto power over US Steel decisions as part of takeover deal, senator says
Sen. Dave McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel’s acquisition of U.S.
Hosted on MSN17d
US will maintain control of key US Steel decisions even with Nippon takeover: senator
The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American ...
Transport Topics9mon
Decision on US Steel Deal May Come After Election
United States Steel Corp. surged the most ... move to block Nippon Steel Corp.’s takeover bid. While Biden remains opposed to the deal, a decision on blocking it is unlikely in the short ...
The Financial Times8mon
US delays decision on Nippon Steel’s $15bn takeover of US Steel
The decision means the deal’s fate ... Donald Trump opposing the Japanese group’s takeover as they court votes in Pennsylvania, where US Steel is headquartered. Biden had already privately ...
Hosted on MSN8mon
Federal decision on Nippon-US Steel takeover to be pushed back
is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election ...
The Nation5mon
Biden Was Right to Block the US Steel Takeover
On Friday, President Joe Biden announced his decision to block the $14 billion acquisition of the US Steel company by Japan’s Nippon Steel Corporation. The move came seven months after Biden ...
ABC News5mon
Biden blocks US Steel takeover by Japan-based Nippon
Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block ... Foreign Investment in the United States, tasked with a ...
Al Jazeera English5mon
US-Japan steel deal goes to Biden for final decision after panel deadlocks
A decision on whether to allow Nippon Steel’s proposed takeover of US Steel has fallen to United States President Joe Biden after a government panel failed to agree on possible national ...