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Nippon Steel and US Steel sue
Blinken visits Japan as Nippon Steel decision weighs on relations
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
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 that the transaction posed a threat to national security.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
14h
on MSN
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...
6h
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden ...
10h
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 ...
1h
on MSN
Analysis-China Exports Push Nippon Steel to Seek Growth in US, India After Blocked Deal
TOKYO (Reuters) - Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection ...
20h
on MSN
US Steel CEO: Government failed our country after Nippon Steel deal axed
The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm ...
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21h
Japan's PM urges US govt to clarify issue of 'national security' and address steel industry concerns
Japanese Prime Minister Shigeru Ishiba urged the White House on Monday to address the concerns of Japan's industrial sector ...
11h
Blinken says US-Japan ties rock solid despite rift over steel deal
US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever ...
22h
on MSN
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
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