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 capacity, as part of its efforts to secure President Joe Biden's approval for acquiring the American steelmaker,
Nippon Steel Offers Biden Veto Power to Win US Steel Deal
The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.
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, the Washington Post reported.
Nippon Steel and U.S. Steel sue Biden administration over blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.
Nippon Steel keeps battling for U.S. Steel buyout despite Biden’s veto
Eiji Hashimoto is getting his samurai on — riding into battle against both the outgoing and incoming U.S. presidents.
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
Local leaders host VP of Nippon Steel to discuss Biden blocking deal with US Steel
President-elect Trump on Monday accused President Biden of making the presidential transition difficult, citing recent executive orders on climate and other official acts Biden has taken in his last weeks as president.
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Nippon Steel Offers Veto Power to US Government to Secure Approval for US Steel Deal
Nippon Steel is offering the U.S. government veto authority over production cuts at U.S. Steel mills, as part of its efforts ...
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Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition
The move seeks to address concerns raised by the Committee on Foreign Investment in the United States about potential risks to U.S. Get New Picks of the Market's Top Stocks The Washington Post ...
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Japan's Nippon Steel offers governmental veto power for U.S. Steel production
The federal Committee on Foreign Investment in the United States last week was deadlocked ... Nippon Steel's enhanced offer of U.S. governmental veto power helped U.S. Steel shares to close ...