U.S. Steel Stock Rallies on Nippon’s Attempt to Seek U.S. Government’s Approval
U.S. Steel ($X) stock jumped 9.5% on Tuesday, as Japan’s Nippon Steel ($JP:5401) reportedly offered the U.S. government veto power over any
Nippon Steel Offers Veto Power to US Government to Secure Approval for US Steel Deal
Nippon Steel is offering the U.S. government veto authority over production cuts at U.S. Steel mills, as part of its efforts to gain approval for its acquisition of the American steelmaker. President Joe Biden has
Nippon Steel Sends Biden New US Steel Proposal To Win Support: Report
This came after the panel, known as the Committee on Foreign Investment in the United States (CFIUS), failed to reach a consensus on whether Nippon Steel's acquisition of US Steel threatens Washington's national security. The impasse by CFIUS shifts the ...
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker,
Nippon Steel Offers U.S. Veto Power in U.S. Steel Acquisition Bid
Japan's Nippon Steel is aiming to gain U.S. approval for its bid to acquire U.S. Steel by proposing veto power for the U.S. government over production capacity cuts. President Biden must approve the deal by January 7 or it will be automatically permitted.
Nippon proposed capacity veto for U.S. Steel deal, Washington Post says
Nippon Steel (NPSCY) proposed giving the U.S. government a veto over any reduction in U.S. Steel’s (X) production capacity in a final bid for
U.S. Steel Shares Up After Report of New Takeover Proposal From Nippon Steel
Shares of U.S. Steel gained following a Washington Post report that Nippon Steel proposed giving the U.S. government power to veto any reduction in the steelmaker's production capacity. The stock was up 7.
Nippon Steel reportedly negotiating directly with White House in quest to purchase US Steel
An entrance sign for Japanese company Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki prefecture, north of Tokyo on Dec. 6, 2024. (Richard A. Brooks/AFP via /TNS) Tribune News Service — Nippon Steel continues to push for presidential support of its proposed $14.
Nippon Steel makes last ditch offer to win over BIden approval for US Steel deal
Nippon Steel is making a last-ditch attempt to win President Joe Biden's approval for its $14.9 billion acquisition of United States Steel Corp (BVMF:USSX34), offering the U.S. government veto power over any cuts to U.
CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions ...
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
It’s not too late to approve the Nippon Steel deal
The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...
Biden will decide on U.S. Steel-Nippon Steel deal after panel fails to reach consensus on national security risk
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
Why United States Steel Stock Crushed the Market Today
A dramatic improvement in the prospects for United States Steel (X 9.54%) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The storie ...
Nippon Steel confirms CFIUS referred U.S. Steel decision to President Biden
Nippon Steel (NPSCY) confirms it was notified by the Committee on Foreign Investment in the United States that the panel ...
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Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...