Nippon Extends US Steel Acquisition Awaiting President's Final Decision
The announcement comes as the Committee on Foreign Investment in the U.S. has referred the acquisition matter to President Joe Biden, who will make a final decision about the deal within 15 days. Additionally, the review process of the Antitrust Division of the U.S. Department of Justice is still pending.
The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.
A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion ...
Japan’s Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel ...
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.
Japan, already the largest foreign direct investor in the U.S., with nearly $800 billion in investments in 2023, has played ...
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