Stay informed, stay connected—news for amigos everywhere.
Japan’s Prime Minister Shigeru Ishiba urges U.S. President Joe Biden to ease concerns over Nippon Steel’s planned acquisition of U.S. Steel during a meeting aimed at strengthening economic ties.
Nippon Steel CEO Eiji Hashimoto vows to continue pursuing the acquisition of U.S. Steel, despite President Joe Biden’s decision to block the $14.1 billion deal. The Japanese company has filed lawsuits challenging the decision.
Nippon Steel and U.S. Steel sue President Biden’s administration over blocked merger, accusing illegal interference. The steel giants aim to push forward with their mega-deal.
Japanese Nippon Steel is suing the U.S. government after President Biden blocked its acquisition of U.S. Steel, citing political interests behind the decision. Economist Hidetoshi Tashiro weighs in.
President Biden blocks Nippon Steel’s $14.9 billion acquisition of US Steel, citing national security and supply chain concerns. The decision keeps one of America’s largest steel producers under US control.