Nippon’s bid for US Steel in Joe Biden’s hands after panel vetting deal deadlocked
The (Cfius) reported to the White House on Monday that the nine agencies on the panel had not reached consensus that the deal posed no security risks, according to Nippon Steel and a person familiar with the matter.
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
Nippon Steel's investment has the potential to extend the operational life of U.S. Steel plants bringing enhanced ...
A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...
Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security ...
Fate Of Nippon-U.S. Steel Merger In Biden’s Hands After Oversight Committee Fails To Reach Consensus
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on potential national security risks posed by Japanese firm Nippon Steel’s $15 billion bid to ...
Last year, Nippon reached an agreement to purchase U.S. Steel. CEO David B. Burritt said that the purchase would make the ...
Nippon Steel Corp. alleges the White House had undue influence over a national security review of the Japanese company’s ...
Both US Steel and Nippon have maintained that the deal poses no national security threat. Spokespeople for both companies did not immediately respond to a request for comment. Shares of US Steel ...
Nippon President Tadashi Imai told reporters on Wednesday that there is “considerable amount of support for this acquisition” in the Rust Belt.
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