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Nippon Steel could face growth challenges

Reuters on MSN · 2h

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,

Minneapolis Star Tribune on MSN · 2h

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.

CNN on MSN · 2h

Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

2d

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 ...

6h

Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege

Cleveland-Cliffs CEO allegedly cast doubt on deal prospects on at least 9 investor calls. Read more at straitstimes.com.

2d

Will White House decision to block US Steel's sale to foreign-owned Nippon reopen door for Cleveland Cliffs?

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...

2don MSN

Mike Pompeo defends US Steel, Nippon deal, urges Trump to do the same

President Biden's decision to block the acquisition of U.S. Steel by Nippon Steel citing national security concerns drew ...

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