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Biden blocks U.S. Steel's sale to Nippon Steel

Biden blocks Nippon Steel's bid to purchase U.S. Steel

U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal blow to the contentious plan after a year of review.

UPI News on MSN · 7h

Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle.

U.S. News & World Report · 8h

Biden Rejects Nippon Steel's Proposed Deal to Acquire US Steel

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel

7hon MSN

US Steelworkers' union criticizes Nippon Steel's proposal for lack of long-term commitment

The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto ...

4hon MSN

Joe Biden 'Sacrificed' US Workers for Own Political Agenda—Nippon Steel

Nippon Steel, the company that President Joe Biden reportedly blocked from buying United States Steel on Friday, said it was "dismayed" by a decision that "sacrificed the future of American ...

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Biden blocks U.S. Steel's sale to Nippon Steel

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