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Nippon, US Steel file suit
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
33m
on MSN
Blinken Lauds Japan Ties While Skirting Nippon Steel Dispute
Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...
1h
on MSN
Analysis-China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...
1d
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Cleveland-Cliffs CEO allegedly cast doubt on deal prospects on at least 9 investor calls. Read more at straitstimes.com.
2d
on MSN
X down: U.S. Steel stock falls 7% after President Joe Biden blocks takeover by Japanese giant Nippon Steel
The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...
2h
Blinken visits Japan as Nippon Steel decision weighs on relations
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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U.S. Steel
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