Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker,
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions ...
Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...
Shares of U.S. Steel surged by the most in a year. The proposal is aimed at addressing concerns raised by the Committee on Foreign Investment in the U.S., or CFIUS, which said last week that the ...
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Japan targets US Steel takeover ahead of Trump inaugurationBy bno - Taipei Office Japan’s leading steel producer, Nippon Steel Corp., has pledged not to reduce output capacity at ...
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
CNN has reported throughout the monthslong review that the Committee for Foreign Investment in the United States, known colloquially as CFIUS, was deadlocked over whether the deal posed a national ...
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The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
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