U.S. Steel acquisition bid by Nippon steel faces backlash, strains U.S.-Japan ties
The acquisition bid, valued at approximately $7 billion, aims to create a global steel powerhouse capable of competing more effectively in the international market
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Biden administration likely to delay decision on U.S. Steel-Nippon Steel deal until after election
The sale, valued at approximately $7 billion, involves Nippon Steel, one of Japan's largest steel producers, acquiring the American steel giant U.S. Steel.
Nippon steel urges Biden to back $15 billion U.S. steel merger amid security concerns
Nippon Steel and U.S. Steel in their letter argued that the merger would benefit both nations by strengthening their economic partnership.
Nippon Steel moves forward with $15 billion U.S. Steel acquisition
Nippon Steel nears completion of $15 billion U.S. Steel acquisition amid political scrutiny, aiming to reassure stakeholders and overcome challenges in the process.