Nippon Steel sends Biden new US Steel proposal to win support: report
WASHINGTON, Jan 01, 2025 (BSS/AFP) - Nippon Steel has sent the White House a new proposal on US Steel, attempting to get the green light from President Joe Biden to acquire the American company, a US media report said Tuesday.
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.
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...
Kyodo News on MSN1h
Nippon Steel promises no cuts to US Steel's output for 10 yearsNippon Steel Corp. has promised it will not cut output capacity at United States Steel Corp.'s mills for 10 years, in its ...
Nippon Steel is offering the U.S. government veto authority over production cuts at U.S. Steel mills, as part of its efforts ...
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 ...
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
5don MSNOpinion
The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
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