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Sen. Dave McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel’s acquisition of U.S.
The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...
is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.
United States Steel Corp. surged the most ... move to block Nippon Steel Corp.’s takeover bid. While Biden remains opposed to the deal, a decision on blocking it is unlikely in the short term ...
WASHINGTON/TOKYO, May 27 (Reuters) - The U.S. government will have veto power over key decisions relating to U.S. Steel (X.N), opens ... and that will allow the United States to ensure production ...
STORY: Washington will have the power to veto big decisions at U.S. Steel after it is taken over ... “It'll be controlled by the United States. Otherwise, I wouldn't make the deal.
On Friday, President Joe Biden announced his decision to block the $14 billion acquisition of the US Steel company by Japan’s Nippon Steel Corporation. The move came seven months after Biden had ...
The decision means the deal’s fate ... Donald Trump opposing the Japanese group’s takeover as they court votes in Pennsylvania, where US Steel is headquartered. Biden had already privately ...
The US Government will have veto power over key decisions relating to US Steel as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...