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Biden administration delays enforcement on Nippon Steel-U.S. Steel deal
The Biden administration has postponed enforcing its executive order blocking Nippon Steel’s $14.9 billion acquisition of U.S. Steel on national security grounds. The delay allows courts to review a legal challenge from the companies, which ... more
U.S. warns Nippon Steel’s $14.9 billion bid poses national security risk
The Biden administration has warned Nippon Steel that its $14.9 billion acquisition of U.S. Steel could jeopardize national security, according to sources familiar with the matter. The Committee on Foreign Investment in the United States ... more