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Shares of U.S. Steel jumped on Monday after President Donald Trump said the company's proposed acquisition by Japan's Nippon ...
Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon ...
The White House said the review is meant to assist the president in determining whether further action would be appropriate.
Cleveland-Cliffs calls in a hedge fund to get a steel-making monopoly.
The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security. US President Donald Trump ordered a review into ...
President Joe Biden blocked the deal just before leaving ... risks from the proposed deal and the U.S. will give Nippon and U.S. Steel time to respond to any concerns. CFIUS will have 45 days ...
Shares of US Steel are rising ahead of the bell after President Donald Trump ordered a new national security review of Nippon Steel’s proposed bid to buy US Steel for nearly 15 billion US dollars.
rather than acquire outright in a deal that former President Joe Biden blocked via executive order in January. Biden said he stopped Nippon Steel's $14.1 billion agreement to buy U.S. Steel due to ...
Former President Joe Biden blocked the $14.1 billion deal in January, citing national security concerns. Shares of U.S. Steel (X) jumped on Monday after President Donald Trump said the company's ...
The original deal for Nippon to buy U.S. Steel, which was announced in December 2023, has faced headwinds from the start. Both former President Joe Biden and Trump last year asserted that U.S ...