President-elect Donald Trump reiterated that he would block Nippon Steel's (OTCPK:NPSCY) planned $14 billion acquisition of US Steel (NYSE:X) when he's president.
Biden and Donald Trump, who is set to take office later this month, had opposed the deal, and the Biden administration told Nippon Steel in a letter in September that the deal would pose a national ...
US President Joe Biden has vetoed Nippon Steel's $14.9-billion takeover bid for its American rival, US Steel. Amid bipartisan opposition to the merger, DW asks why US politicians and regulators are ...
President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...
Trump, who takes office on January 20, has repeatedly vowed to block the sale. "I am totally against the once great and powerful US Steel being bought by a foreign company, in this case Nippon ...
giving Biden the green light to block the transaction. The steel companies said the rejection was muddled in politics with former President Donald Trump and legislators weighing on having arguably ...
President Biden announced Friday he would block the sale ... Steel following a yearlong review of the potential acquisition. “We need major U.S. companies representing the major share of US ...
Monday was the deadline to approve the deal, recommended that Biden block it or extend the review process. Both Biden and President-elect Donald Trump have ... to block US Steel purchase by ...
President-elect Donald Trump also said he opposes ... about whether or not US Steel’s sale to Nippon would pose a national security risk, leaving the decision up to the president to determine whether ...
After a year of intense debate, it's now up to President Joe Biden whether to allow the sale ... Donald Trump came out against it, Biden followed suit, saying he believed U.S. Steel should remain ...
New York (AFP) – Nippon Steel and US ... block the deal enjoyed rare bipartisan agreement. Republican President-elect Donald Trump and his incoming vice president had also campaigned against the ...
Trump has also opposed the acquisition and vowed earlier this month on his Truth Social platform to “block ... steel compete in an industry dominated by the Chinese.The proposed sale came ...