Biden Administration Extends Nippon Steel-U.S. Steel Merger Deadline
The Biden administration delays Nippon Steel’s $14.9B acquisition of U.S. Steel until June 2025, allowing time for legal challenges and potential revival of the merger.
USJapanRelations
Read More
Friend or Foe? U.S. Blocks Japan’s $14B Nippon Steel Acquisition
U.S. President Biden blocks Japan’s Nippon Steel from acquiring U.S. Steel, citing national security concerns. The move highlights a cautious approach in safeguarding strategic industries amidst strong alliances.