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 U.S. Veto Power in U.S. Steel Acquisition Bid
Japan's Nippon Steel is aiming to gain U.S. approval for its bid to acquire U.S. Steel by proposing veto power for the U.S. government over production capacity cuts. President Biden must approve the deal by January 7 or it will be automatically permitted.
As President Joe Biden seems likely to kill Nippon Steel's acquisition of U.S. Steel, China isn't hiding its glee.
Kyodo News on MSN23h
Nippon Steel promises no cuts to U.S. Steel's output for 10 yearsNippon Steel Corp has promised it will not cut output capacity at United States Steel Corp's mills for 10 years, in its ...
The Washington Post has reported that Japan's Nippon Steel has offered a 10-year guarantee not to cut output at any of US ...
which warned last week that Japan-based Nippon Steel's takeover of U.S. Steel could lead to a decline in domestic ...
One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by ...
(AP Photo/Gene J. Puskar, File) Logo of Nippon Steel on the exterior of Blast Furnace No. 1 at the company’s Kashima ...
Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.
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