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Trump Says Nippon Steel Will Make Major Investment in U.S. Steel
President Trump supports the Japanese companyβs taking a stake in the American steel maker after the U.S. blocked a $14 billion takeover bid.
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Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
The companyβs renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
Despite Blocked US Steel Bid, Japan Wonβt Stop Seeking American Deals
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Bidenβs rejection of Nippon Steelβs takeover attempt.
Biden Blocks Takeover Bid of U.S. Steel by Japanβs Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
The Fallout from U.S. Steel
Nippon Steelβs $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.
