By Finance Pulse in Acquisition —

Biden Blocks Nippon Steel's $15B U.S. Steel Acquisition

Biden administration halts Nippon Steel's $15 billion acquisition of U.S. Steel citing national security concerns. Discover the implications for the steel industry.

A vivid illustration of steel beams intertwined with the American flag, representing the intersectio
Biden Blocks Nippon Steel's $15B U.S. Steel Acquisition

Nippon Steel's $15 billion acquisition of U.S. Steel was blocked by the Biden administration, who cited national security concerns.

Source