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 President Biden, who is expected to block the deal.
Nippon Steel-U.S. Steel Merger Poses No National Security Threat
The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's $15 billion acquisition of U.S.
Biden will decide on U.S. Steel-Nippon Steel deal after panel fails to reach consensus on national security risk
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
National Security or Economic Nationalism? The U.S. Steel Acquisition Dilemma
Nippon Steel has countered these concerns by proposing measures like appointing U.S. citizens to top management positions and ensuring that the steel produced meets U.S. national security requirements. Moreover, Japan is a close U.S. ally, which complicates the narrative of foreign ownership being inherently detrimental to American interests.
Nippon Steel's Struggle: National Security Concerns Stall $14.9 Billion U.S. Steel Bid
Nippon Steel's $14.9 billion bid for U.S. Steel is under scrutiny by the Committee on Foreign Investment in the United States (CFIUS) due to national security concerns. Four meetings, multiple proposals,
panel fails to reach consensus on national security risk of U.S. Steel sale
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
Committee deadlocked on U.S. Steel Deal: Decision rests in Biden's hands
President-elect Trump said Sunday evening on social media that the U.S. owning Greenland “is an absolute necessity,” in a statement announcing Ken Howery as his nominee to serve as ambassador to Denmark.
National security watchdog punts $15B steel deal decision to Biden
President Joe Biden will make the decision on the Nippon Steel-U.S. Steel deal in the next 15 days after an oversight board passed on it.
Panel’s deadlock on U.S. Steel sale leaves final decision to Biden
The Committee on Foreign Investment in the United States said letting Nippon Steel buy the company could lead to a reduction ...
U.S. Steel decision now in Biden's hands
The U.S. Steel saga, which has gone on since August 2023, is apparently nearing its end game with a decision by President ...
Biden to decide U.S. Steel's fate
President Joe Biden is set to decide the fate of U.S. Steel after a national security committee failed to reach a consensus ...
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Nippon Steel acknowledges delay in US Steel acquisition attempt
Japanese steel producer says it remains confident the acquisition “will protect and grow United States Steel.” ...
Nippon’s U.S. Steel Acquisition Plan Referred to Biden for Review
The Japanese company urged Biden to reflect on the steps it has taken to address national-security concerns.
Time line: U.S. Steel's long journey toward Nippon Steel
When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...