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Joe Biden, U.S. Steel

Hosted on MSN · 1h

US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.

Newsweek on MSN · 7d

US Steel, Nippon Sue Biden for Blocking $15 Billion Deal

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.

Nucor, US Steel and Cleveland-Cliffs

Hosted on MSN · 1h

US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid

KEY TAKEAWAYS U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the company.The news comes after Nippon Steel's $14.1 billion takeover of U.

The Financial Times · 1h

Cleveland-Cliffs and Nucor plan joint bid for US Steel

Cleveland-Cliffs and Nucor are set to launch a joint bid to acquire US Steel just weeks after US President Joe Biden blocked the $15bn takeover of the Pennsylvania-based group by Japan’s Nippon Steel,

Cleveland-Cliffs, Nucor Prepare US Steel Bid: Report

US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.

10d

President Biden blocks sale of US Steel to Japanese company

In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...

CNN on MSN7d

Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last ...

4d

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

The Economist4d

Joe Biden’s mixed legacy on Japan

W ITHIN 24 HOURS on January 6th, two events took place that encapsulate the mixed legacy Joe Biden will leave in America’s ...

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