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Keywords: Nippon Steel
President Joe Biden has decided to block the proposed acquisition of US Steel by Japan’s Nippon Steel, a move that comes in response to national security concerns. The deal, valued at $14.9 billion, has been a subject of intense scrutiny, with Biden expected to formally announce his decision as......
The proposed $15 billion acquisition of US Steel by Japan’s Nippon Steel has reached a critical juncture, leaving the final decision in the hands of United States President Joe Biden. This development comes after the Committee on Foreign Investment in the United States (CFIUS) failed to reach a......