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Biden Blocks US Steel Takeover By Japan's Nippon Steel

Hosted on MSN · 1h

Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say

Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,

Biden blocks Japan's Nippon Steel from acquiring U.S. Steel

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."

The Associated Press - Busines… · 11h

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.

1hon MSN

Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...

中国日报网7m

Japan's PM urges US govt to clarify issue of 'national security' and address steel industry concerns

Japanese Prime Minister Shigeru Ishiba urged the White House on Monday to address the concerns of Japan's industrial sector ...

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