
Japan’s PM Seeks Biden’s Support for Nippon Steel’s U.S. Acquisition
Japanese PM Shigeru Ishiba urges President Biden to address concerns over Nippon Steel’s $14.9B acquisition of U.S. Steel.
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Japanese PM Shigeru Ishiba urges President Biden to address concerns over Nippon Steel’s $14.9B acquisition of U.S. Steel.
Biden’s recent decision to block the $15 billion merger between Nippon Steel and U.S. Steel has raised concerns about global investment risks.
Nippon Steel’s CEO vows to continue the $14.1 billion acquisition of U.S. Steel, challenging President Biden’s block despite legal battles.
Nippon Steel and U.S. Steel have filed lawsuits against President Biden, accusing his administration of illegally blocking Nippon’s acquisition of the American steelmaker.
Nippon Steel is suing the U.S. government after President Biden blocked its acquisition of U.S. Steel, citing political motivations.