According to U.S. Steel and Nippon Steel, Biden first announced plans to block the merger in March 2024, before CFIUS began its review of the national security implications of the deal.

US Steel Stock Surges With Nippon Steel Set to Complete Acquisition. ... Former President Joe Biden blocked the $14.1 billion takeover by the Tokyo-based steelmaker in the final days of his ...

Nippon Steel Corp. closed its $14.1 billion acquisition of United States Steel Corp., bringing an end to a bruising takeover battle that was embroiled in American politics for months until finally ...

Biden used his authority to block Nippon Steel's acquisition of U.S. Steel on his way out of the White House after a review by the Committee on Foreign Investment in the United States.

Japanese steel giant Nippon closed a $14.9 billion (€12.96 billion) acquisition of US Steel, both companies said on Wednesday. The acquisition agreement includes a big role for US President ...

Trump's executive order approving Nippon Steel's acquisition of U.S. Steel brings $14 billion for modernization, preserves jobs, and strengthens alliance with Japan against China.

United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by ...