Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
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.
Nippon Steel, US Steel sue over blocked bid
The first lawsuit filed in the U.S. Court of Appeals for the District of Columbia Circuit claims the companies’ constitutional right to due process was violated.
Nippon Steel, US Steel slam US Government’s block on acquisition
Nippon Steel and US Steel have expressed their disappointment over the US Government’s decision to block their proposed acquisition deal. The US adminstration blocked Nippon Steel’s $14.9bn (Y2.33trn) US Steel acquisition over national security concerns.
Nippon Steel, U.S. Steel file two lawsuits following President Biden’s blocking
Nippon Steel (NPSCY) and United States Steel (X) jointly filed two lawsuits to remedy the ongoing “illegal interference” with Nippon Steel’s
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel
FirstFT: Nippon Steel and US Steel sue Biden administration over blocked deal
Also in today’s newsletter, Canada’s Trudeau announces resignation, and Tencent added to Pentagon list of companies working with China’s military
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