President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
The decision came after a government panel failed to reach ... also campaigning against the sale. "This acquisition would place one of America's largest steel producers under foreign control ...
Hundreds of people gathered at the Clairton plant Thursday to show their support for the sale of U.S. Steel to Nippon Steel in Japan. Steelworkers, community members and local elected leaders ...
Biden’s decision comes after the Committee on Foreign Investment in the U.S., a federal interagency panel, spent months reviewing the $14.1 billion deal for potential national-security risks.
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President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon ... United States (CFIUS), a federal interagency panel, spent months reviewing the acquisition ...
President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would “create risk for our national security and our critical supply ...