Nippon and US Steel sue government over blocked deal
Nippon Steel and US Steel are suing the US government over blocking a takeover, claiming that President Joe Biden "ignored the rule of law to gain favor" with trade unions. The two companies also alleged that Biden, who is entering the last weeks of his presidency, stopped Nippon Steel buying US Steel to pursue his own political agenda.
Blinken, U.S. Steel and Japan
15hon MSN
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...
The Nation on MSN2h
Biden Was Right to Block the US Steel TakeoverEven if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...
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