Yellen says CFIUS made "thorough analysis" of blocked US Steel-Nippon Steel merger
U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a "thorough analysis" by an interagency national security review body that was sent to President Joe Biden.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
US Steel and Nippon Steel sue Biden administration over blocked merger
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 acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia
Nippon Steel Stands Firm on a US Steel Takeover and Denies Risks Cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel
U.S. Steel, Nippon Steel Challenge Biden Decision to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
Japan’s investments in US set to go on despite Nippon Steel’s takeover setback
The assessment by analysts comes after US President Joe Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp.
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings ...
First Merger Monday of the Year Features Mayo, Disney’s Hulu and More
It’s Liana Baker in New York. In today’s newsletter, we wrap up the first merger Monday of 2025 with a spate of deals in the ...
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Chevron sees daylight for Hess merger and Guyana arbitration resolution
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Shares in Getty Images and Shutterstock Jump on Merger Deal
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 ...
John Hess ‘Very Confident’ of Winning Exxon Case, Chevron Merger
Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s ...
Getty Images Plans $3.7B Merger With Rival Shutterstock
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
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A Getty and Shutterstock merger will create opportunities for both generative AI innovation and creator growth, the companies say
Getty says that the merger will allow for a larger investment in “innovative content creation,” including generative AI, ...
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Forward Air Probes Sale, Merger, Divestment Options
Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
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Sanford Health, Marshfield Clinic finalize $10B health system merger
Sanford Health finalized its merger with Marshfield Clinic Health System, the health systems announced last week, and the ...
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Have a Capital One Credit Card? The Discover Merger Could Change How You Pay
How a Capital One payment network change could impact you . Discover is one of the four major credit card networks, along ...