Nippon Steel's $15 Billion Bid for U.S. Steel Awaits Biden's Decision
Nippon Steel proposes a $15 billion acquisition of U.S. Steel. With CFIUS unable to reach consensus on national security risks, the decision now rests with President Biden.
A $15 billion deal is proposed for Nippon Steel to purchase U.S. Steel. CFIUS failed to reach consensus on the national security risks, leaving the decision to President Biden.