US consumers sue to stop Nippon Steel's $14.9 bln U.S. Steel …
21 hours ago · A group of U.S. consumers have sued Nippon Steel to block its proposed $14.9 billion purchase of U.S. Steel , saying the deal threatens to reduce competition and drive up prices for many products.
Trump Should Correct Biden’s Mistake And Approve U.S. Steel Merger
2 days ago · U.S. Steel’s Gary Works plant is not the only plant that would benefit from the merger. Nippon Steel also promised to invest another $1 billion to modernize the Mon Valley Works plant outside ...
US Steel and Nippon Steel sue Biden administration over blocked merger …
Jan 6, 2025 · U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
Jan 6, 2025 · U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis ...
US Steel’s shareholders just voted to end more than a century of ...
Apr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
Proposed acquisition of U.S. Steel by Nippon Steel - Wikipedia
On December 18, 2023, Japanese steelmaker Nippon Steel Corporation (NSC), the world's third-largest steel producer, [1] agreed to buy United States Steel Corporation (U.S. Steel) for $14.9 billion. [2]
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
Aug 26, 2024 · When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in its home country and...
Fate of US Steel merger expected to be pushed beyond election …
Sep 13, 2024 · As presidential politics cloud the outlook of US Steel’s merger with its Japanese rival, a national security review of the deal is now not expected to be decided until after the election,...
Nippon Steel delays closing of acquisition of US Steel until late …
May 3, 2024 · TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal.
U.S. Steel, Nippon Sue Biden Administration Over Decision to Block Merger
Jan 6, 2025 · WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit...