Overview of the Acquisition Block In a significant move on Friday, President Joe Biden blocked Nippon Steel Corp.’s proposed $14 billion acquisition of U.S. Steel. The decision has cast a…
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Market Analysis
Nippon Steel Deal Anticipated to Face Obstacles Despite Proposal Modifications, Letter Indicates
Nippon Steel has declined to pay 14.9 billion yen to U.S. Steel despite extensive discussions with U.S. officials and the presentation of three amendments aimed at addressing national security concerns.…