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.
Nippon Steel Deal Could Still Change the Industry
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced productivity, innovative practices and investment in research and development. New product lines could require expanded skillsets, leading to the creation of new jobs.
It is the wrong decision for many reasons. Nippon Steel, and Japan, have good reasons to be angered and aggrieved.
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's ...
Japanese steel producer says it remains confident the acquisition “will protect and grow United States Steel.” ...
A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion ...
Japan’s Nippon Steel said on Thursday it revised the closing date for its purchase of US Steel, expressing confidence that ...
Union employees of U.S. Steel rallied on Thursday in support of the company's proposed sale to Japan-based Nippon Steel.
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