President Joe Biden's administration has extended a review of Nippon Steel's proposed takeover of US Steel, officials said Tuesday, effectively pushing the politically sensitive decision past ...
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 ...
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 ...
The extension would also push the decision until ... Nippon Steel would have to resubmit its case to the Committee on Foreign Investment in the United States (CFIUS), which is led by Treasury ...
Two Senate Democrats have sent a letter to US Steel President and CEO David Burritt, expressing concern over reports he may ...
US Steel (X -3%) is pulling back today following comments from Vice President Harris at a rally over Labor Day weekend that she does not support the pending takeover of this major steel producer.
Sept 13 (Reuters) - White House officials have signaled a delay in taking a decision regarding ... on Foreign Investment in the United States, Nippon and U.S. Steel all declined to comment.
President Joe Biden is preparing to block the takeover of a storied ... firm fall into foreign hands. US Steel shares fell nearly 20% after reports of the decision, which involves a company ...