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U.S. Steel, Biden
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.
Nippon Steel Eyes Trump Administration To Revive $15B US Steel Deal Blocked By Biden: 'We'll Do Whatever It Takes'
Enforcement of Biden's order, which mandated the unwinding of the deal within 30 days, has been postponed until June due to the legal challenge.
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
6d
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 ...
Hosted on MSN
9d
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
WASHINGTON (
Reuters
) - Even as
Nippon
Steel
faced skepticism of its doomed $14.9 billion bid for U.S.
Steel
from the ...
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