It’s not in the interest of the shareholders of U.S. Steel.’’ On Friday, Biden said he was stopping the Nippon takeover — after ... % on the news Friday. The decision, announced less ...

Nippon Steel had touted the takeover as a lifeline for a US company ... and reliable ally," supports nearly one million US jobs. "The decision also could have a chilling effect on international ...

CFIUS, tasked with analysing the national security implications of foreign takeover of US companies ... such concerns", his memo said. US Steel said in a statement that Trump's latest move "validates ...

Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company and said that ...

The companies claimed “wrongful interference” with the planned takeover deal. The Biden administration said last year that it was "vital" that U.S. Steel remained a domestically operated ...

US Steel president David B. Burritt has strongly endorsed the takeover. "This deal is best for US Steel — and the best for America," he wrote in an essay published in The New York Times last month.

Proponents of the takeover ... Hashimoto reiterated that Nippon Steel and U.S. Steel were “united as one” in wanting the deal. They both feel Biden’s decision is unlawful and invalid ...

The decision puts a question mark on a years-long acquisition saga that began in 2021, when JSW Steel acquired a 49% stake in ...

CFIUS, tasked with analysing the national security implications of foreign takeover of US ... US Steel said in a statement that the move by Trump “validates our Board’s bold decision to ...

Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden. Trump said Monday ...