Trump says US will control US Steel
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Japan's Nippon Steel is set to finalize its acquisition of U.S. Steel Corp. X at $55 per share, according to sources familiar with the matter.
Nippon Steel shares slipped 0.8% in Japanese trading. Court challenges to the Cfius review process and president’s authority over foreign business deals have been sparse over the years.
(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel ... it was a violation of legal due process and a political calculation. The two steel companies sued in federal court three days ...
Nippon Steel also initially underestimated the challenges that United Steelworkers ... “It would have been hard to expect how political this deal has become,” said Nick Wall, a Tokyo partner ...
He gave a political ... out to Nippon Steel for comment. “We appreciate and commend President Donald Trump’s leadership. His action today validates our Board’s bold decision to challenge ...
Despite these challenges, Nippon Steel remains committed to its pursuit of a transaction with US Steel. This article was generated with the support of AI and reviewed by an editor. For more ...
Nippon Steel reiterated ... facing regulatory and political hurdles. Former President Joe Biden blocked the deal in January before leaving office, citing national security issues, while Trump ...
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