Biden Blocks US Steel Sale to Nippon Steel Over Security Concerns
President Biden halts the US Steel sale to Nippon Steel, citing national security concerns. Discover the implications for the steel industry and US economy.
Topic
U.S. Steel
A collection of 249 issues
US Steel Drops 5% After Biden Blocks Nippon Steel Deal
US Steel shares plunged 5% as President Biden halted Nippon Steel's $14.9 billion takeover, citing political concerns. Discover how this impacts the steel industry.
US Steel Acquisition Blocked by Nippon Steel Amid Scrutiny
Nippon Steel's blocked acquisition of US Steel highlights increased scrutiny on foreign ownership in politically sensitive sectors, affecting global trade dynamics.
US Steel Shares Slide 5% After Biden Blocks Nippon Deal
US Steel's stock fell 5% following President Biden's block of Nippon Steel's $14.9 billion takeover bid, underscoring political resistance. Discover more about the implications.
US Steel Stock Drops 5% After Blocked Nippon Steel Takeover
US Steel's shares plummet 5% after U.S. government halts Nippon Steel's $14.9 billion acquisition, citing political reasons. Discover more on this development.
U.S. Steel Acquisition Blocked, Legal and Financial Stakes Rise
U.S. Steel's acquisition by Nippon Steel faces a block, sparking legal challenges and a potential $565 million payout. Explore the legal and financial complexities.
U.S. Steel Set for $565M Payout if Nippon Deal Fails
Explore why U.S. Steel could receive a $565 million payout from Nippon if their acquisition deal fails. Learn more about this potential financial windfall.
U.S. Steel and Nippon Steel to Challenge Acquisition Block
U.S. Steel and Nippon Steel vow to legally challenge the acquisition block, alleging political influence in the review process. Stay updated with this unfolding corporate battle.
Biden Blocks $14B U.S. Steel Acquisition by Nippon Steel
President Joe Biden halts Nippon Steel's $14 billion acquisition of U.S. Steel, citing national security and U.S. trade protection concerns.
Biden Blocks Nippon Steel's $15B U.S. Steel Acquisition
President Biden halts Nippon Steel's $15 billion acquisition of U.S. Steel, citing national security concerns. Discover the implications on the steel industry.