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Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity.”
Nippon Steel Sends Biden New US Steel Proposal To Win Support: Report
This came after the panel, known as the Committee on Foreign Investment in the United States (
CFIUS
), failed to reach a consensus on whether Nippon Steel's acquisition of US Steel threatens Washington's national security. The impasse by
CFIUS
shifts the ...
Nippon Steel offers Biden admin. new US Steel proposal: WaPo
US Steel (X) shares are rising by as high as 11% after the Japanese-owned Nippon Steel (NPSCY, 5401.T) submitted a new buyout proposal to the Biden administration, according to the Washington Post. After the Committee on Foreign Investment in the US (CFIUS) failed to reach a consensus on the deal,
Nippon Steel offers U.S. veto on any U.S. Steel output cut: WaPo
(Reuters) -- Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker, the Washington Post reported on Tuesday.
Nippon Steel Offers Biden Veto Over US Steel Output, Report Says
Nippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker,
Nippon Steel offers US government veto power in bid for US Steel approval, WaPo reports
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker,
U.S. Steel Shares Up After Report of New Takeover Proposal From Nippon Steel
Shares of U.S. Steel gained following a Washington Post report that Nippon Steel proposed giving the U.S. government power to veto any reduction in the steelmaker's production capacity. The stock was up 7.
Nippon Steel makes last ditch offer to win over BIden approval for US Steel deal
Nippon Steel is making a last-ditch attempt to win President Joe Biden's approval for its $14.9 billion acquisition of United States Steel Corp (BVMF:USSX34), offering the U.S. government veto power over any cuts to U.
1h
on MSN
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...
4h
US Steel Jumps Most in a Year on Nippon Steel Offer to Biden
Nippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a ...
devdiscourse
1h
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.
13d
Exclusive: Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows
Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security ...
7d
National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to ...
CNN on MSN
7d
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
CNN has reported throughout the monthslong review that the Committee for Foreign Investment in the United States, known colloquially as
CFIUS
, was deadlocked over whether the deal posed a national ...
Indiana Lawyer
1d
Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
6d
Nippon Steel confirms CFIUS referred U.S. Steel decision to President Biden
Nippon Steel (NPSCY) confirms it was notified by the Committee on Foreign Investment in the United States that the panel ...
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