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Nippon Steel could face growth challenges
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,
Brown: Blocked Nippon deal leaves fate of U.S. Steel in question
The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top.
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Nippon Steel president puts suing US on the table after Biden blocked deal: Report
Nippon Steel President Tadashi Imai is weighing suing the U.S. government after a deal to buy U.S. Steel was blocked by President Joe Biden late last week, according to a report. Now that the planned $14.
Could Nippon still buy U.S. Steel after Biden blocked the deal?
The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.
Biden wrong to block sale of U.S. Steel to Nippon Steel
President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.
Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption."
President Biden blocks U.S. Steel sale to Nippon
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the
Biden blocks U.S. Steel's sale to Nippon Steel over national security, supply chain risks
President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle.
Nippon Steel shares down after US government blocks U.S. Steel purchase
Shares in Nippon Steel fell more than 1% on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan's largest steelmaker.
Nippon Steel Condemns U.S. Block of U.S. Steel Acquisition
Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter An update from NIPPON STEEL ( (JP:5401)) is now available.
24m
What's next after Biden blocked the $15 bn. Nippon Steel/U.S. Steel deal?
U.S. President Joe Biden blocked Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel citing national security concerns, in a potentially fatal blow to the deal after a year-long review.
2d
on MSN
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
2d
on MSN
U.S. Steel faces murky future after proposed Nippon Steel takeover
U.S. Steel leaders had warned that without an infusion of capital from Nippon Steel, it would be forced to curtail its legacy ...
14h
on MSN
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...
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